DaVita NNN Lease Medical San Bernardino California

Investment Offering

Tenant: DaVita Dialysis Center | San Bernardino, CA
Premises: 10,200 SF
Renewal Options: 3 x 5 Years

Lease Expiration: 1/29/2034
Lease Type: NNN
Rental Increases: 10% Every 5 Years

Sands Investment Group is Pleased to Offer This DaVita NNN Lease Opportunity Located at 4041 University Parkway in San Bernardino, California.

Recently Extended Full 15 Year Lease Term
Strong Corporate Guarantee in Place With Long Term Operating History at Location
Taxes, Insurance, & Common Area Maintenance Expense is Passed Through to Tenant/Tenant Responsibility
Long Term Security and Stability For the Investor
Fixed Rental Increases Throughout Lease Term and Option Periods
10% Rental Increases Every (5) Years
Increases Cash Flow and Return on Investment
Open 6 Days a Week With 28 Dialysis Stations Making it One of the Largest Dialysis Centers in the Area
Intrinsic Real Estate – Zoned For Retail Provides Buyer With Upside Flexibility Options For Future Use
Part of IHOP, McDonald’s, EZ Lube, Chevron, Starbucks Anchored Center/University Village Shopping Center
Tenant Has Substantial Improvement Dollars Invested Into Their Space
Interstate 215 Sees Over 90,000 Vehicles Per Day
Property is Situated on University Parkway Which Sees Over 35,200 VPD and is Located Just Off Interstate 215
Located 1.5-Miles From California State University—San Bernardino, Which Has a Total Enrollment of 18,243 Students
Close Proximity to Walmart, Lowes, Ralphs, Staples, CVS Pharmacy and the Community Hospital of San Bernardino
Over 700,000 People Within a 10-Mile Trade Area
Over 250,000 Employees Within a 10-Mile Trade Area

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Tenant Overview

DaVita Inc., a Fortune 500® company, is one of the nation's largest and most innovative health care communities, leveraging a passion for and commitment to clinical excellence and improving patients' health and quality of life. Founded in California in 1992 with a focus on becoming a role model for integrated and coordinated care, the company’s health care community has grown to include high-quality medical groups in Colorado, Florida, Nevada, New Mexico and Washington. DaVita Inc., is the parent company of DaVita Kidney Care and DaVita Medical Group. DaVita Medical Group is one of the nation’s leading independent medical groups. The company serves more than 1,700,000 patients. DaVita Medical Group is recognized as a national leader in clinical quality. DaVita Kidney Care, the other division of DaVita Inc., is a leading provider of dialysis services and treats patients with chronic kidney failure and end stage renal disease. As of 2018, DaVita Kidney Care operated or provided administrative services at 2,580 outpatient dialysis centers located in the United States serving approximately 201,000 patients. The company also operated 253 outpatient dialysis centers located in 10 countries outside the United States. They continue to expand their operations to improve access to health care in ten countries outside the U.S with over 2,580 locations and over 70,800 DaVita employees.

Area Overview