Infill Single-Tenant DaVita with Long Operating History and Term
* Strong Tenant and Operating History | The property presents the opportunity to own a DaVita operated dialysis clinic in an extremely infill location. The building has been operating as a Dialysis center for 20+ years, and DaVita took over the operations in 2024.
* Below Market Lease and Term | With ±7.6 years remaining on the lease with annual increases and a rent that is ±11.4% below market level, the offering provides attractive cash flow, term and upside.
* Recent Capital Improvements | Seller and Tenant have both put a considerable amount of money into the building recently with improvement projects consisting of the installation of two new HVAC units that handle patient treatment areas, new fire sprinkler system throughout the building, seismic retrofitting and exterior and rebranding.
* Bonus Depreciation Advantage | Given the new tax legislation passed July 2025, new ownership has the opportunity to accelerate the depreciation deduction in
the first year of ownership, which would provide significant upfront tax savings and improve cash flow. CBRE’s Cost Segregation Analysis estimates that such Year 1 deduction could total as much as ±$950,000 with this purchase.