38454 5th St W - Medical FOR SALE


Palmdale, CA 93551
$6,442,755 USD
818-907-4696
38454 5th St W, Palmdale, CA for Sale
$6,442,755 USD
Medical - FOR SALE
1/12
null | 6.25% Cap Rate

38454 5th St W
Palmdale, CA 93551


HIGHLIGHTS

  • Strong Corporate Guarantee from a Credit Tenant | DaVita Inc. (“DVA”) controls 37% of the U.S. dialysis market share
  • Strategic Location | 13,750 sf build-to-suit property that sits on an oversized 1.46-acre parcel with 68 parking stalls is custom-designed for DaVita
  • Early Lease Renewal | DaVita recently executed an early lease renewal, extending the remaining lease term to over 10 years
  • Proximate to Major Freeway | Located on 5th St W and Palmdale Blvd., just off the 14 Freeway, which sees a combined 140,000+ VPD
  • Ease of Circulation | DaVita benefits from five different points of ingress/ egress, with immediate access to tow main thoroughfares
  • Fee Simple Ownership (Land and Building) | Depreciable Asset

OVERVIEW

CBRE is pleased to present a DaVita for sale located at 38454 5th St. W in Palmdale, CA. DaVita recently executed an early lease renewal, extending the remaining lease term to over 10 years, demonstrating a strong, long-term commitment to the location and market. The fee-simple property includes a 13,750 SF building on a 1.46 ACRE lot and benefits from being on 5th St W and just off the 14 Freeway, which sees a combined 140,000 vehicles per day. The asset offers Ideal Demographics with 130,000 people and $80,000 household income in a 5-mile radius. The property is less than a mile from Palmdale Medical Center which has 184 staffed beds and sees over 60,000 emergency department visits annually. DaVita Inc. (“DVA”) is a publicly traded company that offers incredible strong credit to investors with a market cap of $8.86 Billion. As of June 30, 2025, DaVita, Inc. has provided dialysis and administrative services through a network of 3,175 outpatient dialysis centers globally, serving a total of ±282,000 patients. DaVita, Inc. also provides acute inpatient dialysis services in over 900 hospitals and related laboratory services throughout the United States.

FOR SALE DETAILS

PRICE

$6,442,755 USD

PRICE/SF

$469 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DaVita

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,598 SF

ZONING

PDC3

APN/PARCEL ID

3004-002-033

ASK ABOUT THIS PROPERTY

818-907-4696

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818-907-4696

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