Healthcare

DaVita, Inc.

Banning, California

Asking Price

$4,751,826

Cap Rate

5.85%

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Net Operating Income

$277,981

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Total Rentable SF

+/- 9,002 SF

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Land Area

+/- 0.64 Acres

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Expenses

NN

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Lease Term

12 Years

INVESTMENT HIGHLIGHTS

No Early Termination or Kick-Out Clause
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 – Over 562,000 ESRD patients | CAGR 3.0% (2010-2020)
Insulated from Macroeconomic Changes

Long-Term, Passive Lease – 12-year initial term | 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)

Exclusively Listed By

Scott Briggs

Senior Vice President
sabriggs@northmarq.com 918.794.9787

Kelly Largent

Vice President
klargent@northmarq.com 918.884.3142

David Read

Associate
dread@northmarq.com 918.884.3141

Sarah Martin

Lead Marketing & Operations Analyst
smartin@northmarq.com

Nathanael Berwaldt

Investment Analyst
nberwaldt@northmarq.com

In Association With
Milo Spector

California Broker
CA Lic. #01959211

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136

northmarq.com