Matthews™ is pleased to present a rare opportunity for qualified investors to acquire a single-tenant dialysis center in El Cerrito, CA, leased to DaVita Dialysis, one of the nation's largest kidney care providers with more than two decades of clinical excellence. Strategically positioned off San Pablo Avenue in the Moeser Lane Shopping Center, the tenant has been at this location since 1995 and today operates approximately 20 chairs, 6 days a week, underscoring both long-term tenant success and strong patient demand.
The location offers exceptional visibility and frontage, with roughly 138,000 residents within a 3-mile radius and a strong lineup of national retailers nearby, including O'Reilly Auto Parts, Firestone, 24 Hour Fitness, Exxon, and more. The lease features below-market rent with annual CPI increases and roughly 2.3 years of remaining term with no renewal options, giving an investor a rare chance to negotiate an extension directly with DaVita or reposition the site for a new long-term lease.
With a DaVita corporate guaranty standing behind the NNN lease, investors benefit from the credit strength of a leading national healthcare provider during the remaining term, plus clear upside on extension or re-lease.