2205 W Kennedy Blvd - Medical FOR SALE


Tampa, FL 33606- North Hyde Park
$5,941,000 USD
305-281-8087
2205 W Kennedy Blvd, Tampa, FL for Sale
$5,941,000 USD
Medical - FOR SALE
1/5
null | 5.65% Cap Rate

2205 W Kennedy Blvd
Tampa, FL 33606
North Hyde Park


HIGHLIGHTS

  • Corporate Triple-Net (NNN) Lease
  • Approx. 9.5 Years Remaining on Base Term
  • Early Renewal Signals Long-Term Tenant Commitment
  • 26 Treatment Chairs, Operating Six Days Per Week
  • DaVita is the Largest Dialysis Provider in the U.S. (Approx. 35% Market Share)
  • Adjacent to Major Mixed-Use Development with 235 Apartments & Retail

OVERVIEW

The subject property is a high-performing DaVita Dialysis facility in the heart of Central Tampa. The clinic operates six days per week with 26 treatment chairs, benefiting from strong patient demand, excellent visibility, and continuous traffic from South Tampa, Hyde Park, and Downtown. The property is leased on a Triple-Net (NNN) basis with approximately 9.5 years remaining. The tenant pays all real estate taxes, insurance, utilities, and interior maintenance, with landlord responsibilities limited to roof and structural maintenance only. DaVita signed an early lease renewal in April 2026, extending the firm term through October 2035 with one five-year renewal option through 2040 at a 10% increase. The asset is surrounded by ongoing redevelopment, including a planned mixed-use project adjacent to the site, contributing to long-term value growth.

FOR SALE DETAILS

PRICE

$5,941,000 USD

PRICE/SF

$501 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DaVita Dialysis

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,915 SF

ZONING

CG

APN/PARCEL ID

A-23-29-18-4S4-000006-00004.0

ASK ABOUT THIS PROPERTY

Benedict GutierrezBerlin GroupMore Info
305-281-8087

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Benedict GutierrezBerlin GroupMore Info
305-281-8087

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