Premises: 7,099 SF
Renewal Options: 2 x 5
Lease Expiration: 03/27/2021
Lease Type: NNN
Rental Increases: 10% Every 5 Years
Sands Investment Group is pleased to exclusively offer for sale a 7,099 square-foot medical building situated on a 26,416 square foot lot. The fully leased medical building was completed in 2009 and is strategically located near several major hospitals and medical centers. This asset is leased to DaVita, Inc. under an Absolute NNN lease.
DaVita Inc. (NYSE: DVA) is a Fortune 500 company and a leading provider of kidney care in the United States, delivering dialysis services and education to patients with chronic kidney failure and end stage renal disease. As of December 31, 2010, DaVita operated or provided administrative services at 1,612 dialysis facilities, serving approximately 125,000 patients.