Medical For Sale • 2,242 SF
Leading Operator – DaVita, Inc. | 2,675 clinics | 200,800 patients |
Strong Guarantee – $12.14 billion revenue | $691 million net income | S&P: BB |
Growing Industry Insulated from Macroeconomic Changes – Over 562,000 ESRD patients | CAGR 3.0% (2010-2020) |
Long-Term, Passive Lease – 12-year initial term plus three 5-year renewal options | Rent Growth – 10% rent increases every five years |
Strategic Location – Fast-growing Riverside County | Easy access to Interstate 10 |
High-Income Area – Average household income of $106,255 (5-mile) |
Cap Rate: | 5.85 % |
Airport | Drive | Walk | Distance |
---|---|---|---|
Palm Springs International | 36 min | - | 30.6 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 27 |
Type: | Surface |
Included in Rent: | Yes |