11425 W Dodge Rd - Freestanding FOR SALE


Omaha, NE 68154- West Omaha
$4,159,679 USD
832-485-7301
11425 W Dodge Rd, Omaha, NE for Sale
$4,159,679 USD
Freestanding - FOR SALE
1/2
null | 6.1% Cap Rate

11425 W Dodge Rd
Omaha, NE 68154
West Omaha


HIGHLIGHTS

  • No early termination or kick-out clause, ensuring secure and predictable cash flow
  • Leading national operator with a large dialysis network and strong patient base
  • Corporate guarantee backed by strong revenue performance and solid credit rating
  • Growing ESRD patient population supports long-term demand for dialysis services
  • Highly stable revenue base with ~90% of patients covered by government programs
  • Long-term passive income through a net lease with minimal landlord responsibilities

OVERVIEW

Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire the fee simple interest in the building of a single-tenant medical office facility located in Omaha, Nebraska (the "Property"). The Property consists of 0.51 acres and a one-story, 8,081-square-foot medical office building that was retrofit-to-suit in 2023 to the exact specifications of the Tenant. The Property is located just southwest of the intersection of West Dodge Road/US-6 (95k VPD) and South 114th Street (17k VPD). There are approximately 262,000 in population in a five-mile radius with an average household income in excess of $104,000 annually. The Tenant recently completed a comprehensive renovation-to-suit to the exact standards of its brand-new prototype that is at the top end of the kidney care industry from a patient-quality and energy-efficiency design standard. The initial term of the lease is for fifteen (15) years and will feature three (3), five (5) year renewal options. The lease is the Tenant’s standard form it uses across the majority of its 2,724 locations, a highly passive net lease that is landlord friendly, offering minimal expense exposure given the new construction. The lease also provides for rental increases in the amount of ten percent (10%) every five (5) years.

FOR SALE DETAILS

PRICE

$4,159,679 USD

PRICE/SF

$370 USD /SF

CAP RATE

6.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DaVita, Inc.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

CC

APN/PARCEL ID

3431-1408-17

ASK ABOUT THIS PROPERTY

Jim GibsonNorthmarqMore Info
832-485-7301

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Jim GibsonNorthmarqMore Info
832-485-7301

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