5820 Road 76 Rd - Office FOR SALE


Pasco, WA 99301
$6,800,000 USD
503-957-7945
5820 Road 76 Rd, Pasco, WA for Sale
$6,800,000 USD
Office - FOR SALE
1/2
null | 6% Cap Rate

5820 Road 76 Rd
Pasco, WA 99301


HIGHLIGHTS

  • Long-Term Lease with 13+ Years Remaining
  • New 2025 Build-to-Suit Construction
  • Lease features 8% rental increases every five years, providing consistent income growth throughout the lease term and option periods.
  • Leased to DaVita Dialysis, the largest U.S. dialysis provider, operating 2,600+ outpatient clinics serving recurring patients.
  • Simplified ownership structure with no shared tenancy, offering operational efficiency and clear long-term leasing profile.
  • Located across from the new 35,000 SF Columbia Basin Health Association clinic on Road 68, a key Pasco corridor in a growing area.

OVERVIEW

The Offering presents the opportunity to acquire a newly constructed, freestanding DaVita Dialysis located at 5820 Road 68 in Pasco, Washington. Built in 2025, the 11,500-square-foot asset is leased to DaVita with over 13 years of primary term remaining through March 31, 2040. The lease features 8% rental increases every five years, beginning in 2030, providing consistent, contractual income growth throughout the initial term and each of the three, five-year renewal options. The Property provides investors with durable healthcare real estate backed by one of the nation’s largest dialysis operators. Positioned just off Road 68, the Property benefits from significant surrounding development, including the newly delivered 35,000-square-foot Columbia Basin Health Association Center, reinforcing the area’s continued expansion and long-term demand for healthcare services. The Property is located within the Sandifur Crossing Shopping Center, which draws approximately 2.2 million annual visits, according to Placer.ai.

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$594 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DaVita Dialysis

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.78 AC

LAND SF

77,537 SF

ZONING

-

APN/PARCEL ID

116030036

ASK ABOUT THIS PROPERTY

Sean MackNorthmarqMore Info
503-957-7945

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Sean MackNorthmarqMore Info
503-957-7945

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