1055 El Camino Real - Medical FOR SALE


Colma, CA 94014
$9,120,200 USD
661-616-3567
1055 El Camino Real, Colma, CA for Sale
$9,120,200 USD
Medical - FOR SALE
1/7
null | 6.01% Cap Rate

1055 El Camino Real
Colma, CA 94014


HIGHLIGHTS

  • NN Lease with DaVita Dialysis
  • Strong San Francisco Bay Area location with significant barriers to entry
  • The property was newly constructed in 2020, built specifically for the needs of the tenant.
  • The lease term has more than 9 years remaining with three tenant options to renew the term for five years each.
  • ?Stable cash flow from a strong healthcare tenant.

OVERVIEW

Single tenant, net leased commercial property leased to Kinter Dialysis, LLC a subsidiary of DaVita Inc.? which is a full guarantor of the lease.? The property was constructed in 2020 with the original 15-year lease term commencing May 1, 2020.? Located in the San Francisco Bay Peninsula, a metro area with significant barriers to entry.? ?Located in close proximity to I-280 (less than 1 mile) and US Hwy 1 (less than 2 miles). ?Located less than 1/2 mile south of the Colma BART Station, offering convenient access to public transit. ?Two nearby hospitals are located in close proximity. AHMC Seton Medical Center is a 357-bed general acute care hospital with emergency services. Kaiser Permanente South San Francisco Medical Center is a 120-bed short-term acute care hospital with emergency services.

FOR SALE DETAILS

PRICE

$9,120,200 USD

PRICE/SF

$714 USD /SF

CAP RATE

6.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DaVita Kidney Care

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,568 SF

ZONING

EA

APN/PARCEL ID

011-341-440

ASK ABOUT THIS PROPERTY

Martin StarrASU CommercialMore Info
661-616-3567

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Martin StarrASU CommercialMore Info
661-616-3567

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.