20359 Lake Chabot Rd - Retail FOR SALE


Castro Valley, CA 94546 | 
$6,290,000 USD
415-713-8578
20359 Lake Chabot Rd, Castro Valley, CA for Sale
$6,290,000 USD
Retail - FOR SALE
1/7
null | 6.15% Cap Rate

20359 Lake Chabot Rd
Castro Valley, CA 94546


HIGHLIGHTS

  • Rare core San Francisco Bay Area single tenant net lease investment opportunity
  • Established operation with over 6.5 years of lease term remaining with a 10% increase in 2028
  • DaVita, Inc. (NYSE:DVA) reported strong growth with revenue up 5.2% year-over-year in Q2 2026 to $3.55 billion
  • DaVita treats approximately 36% of all dialysis patients in the United States
  • DaVita operates 3,266 outpatient dialysis centers in 15 countries (2,671 in U.S.) along with contracts to provide inpatient services to 740 hospitals
  • Less than a mile from the Castro Valley BART (Bay Area Rapid Transit) Station providing direct service to San Francisco, Oakland and Contra Costa Cnty

OVERVIEW

Cushman & Wakefield is pleased to exclusively offer for sale a 9,913± sq. ft. state-of-the-art medical office building located in Castro Valley, California (SF Bay Area) leased to TOTAL RENAL CARE, INC., and guaranteed by DAVITA, INC. until June 30, 2033 (6.5+ years of term remaining). The DaVita property is located on the high traffic medical corridor of Lake Chabot Road just off Castro Valley Boulevard (33,447 AADT) and half a mile from Interstate 580 (193,000 AADT). Castro Valley Boulevard is the primary east-west arterial and retail corridor in Castro Valley and connects the DaVita property to downtown Castro Valley. Directly north of the DaVita property is the Sutter Health Eden Medical Center, an award winning 130-bed acute care medical hospital and Level II Trauma Center serving the residents of Castro Valley, Hayward, San Leandro, and other surrounding communities. Surrounding the Medical Center are also a number of complementary medical tenants, including Stanford Medicine Partners Castro Valley, Valley Pointe Nursing & Rehabilitation Center, East Bay Post Acute Care, and the Eden Emergency Medicine Group. The Castro Village shopping center, anchored by Safeway, TJ Maxx and Ross, is located less than a mile from the DaVita property along Castro Valley Boulevard in downtown Castro Valley. Also less than a mile from the site is the Castro Valley BART Station, providing direct service to San Francisco, Oakland and Contra Costa County.

FOR SALE DETAILS

PRICE

$6,290,000 USD

PRICE/SF

$635 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DaVita Kidney Care (Core SF Bay Area)

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

C-O

APN/PARCEL ID

084A-0181-046-06

ASK ABOUT THIS PROPERTY

Christopher SheldonCushman & WakefieldMore Info
415-713-8578

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Christopher SheldonCushman & WakefieldMore Info
415-713-8578

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