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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.

 

• Deliverable free and clear of debt
• Absolute NNN lease
• Dense infill trade area: Over 700,000 people within 5 miles
• Extremely rare LA County Walgreens site for sale
• 68 years left on lease with 17 Years prior to Walgreens right to terminate
• Ease of management; no landlord responsibilities
• Only 22% Down Payment required with assumable loan of over 78% LTV
• Located at the signalized intersection of Long Beach and Tweedy Boulevard
• High traffic counts – Over *43,000 cars per day