DaVita - Net Lease Property for Sale
Atlanta, GA
Key Investment Metrics
Price
$4,857,600
Cap Rate
5.8%
Net Operating Income
$279,312
Building Size
11040 SF
Lot Size
11,040 SF
Land Area
0.94 Acres
Remaining Term
9.2 years
Lease Expiration
02/27/2035
Lease Term
15 years
Lease Commencement
02/28/2020
Lease Type
NN
Tenant Credit
Corporate Guarantee
Year Built
1989
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years
About This DaVita Net Lease Property
This DaVita NNN (triple net lease) property is located in Atlanta, GA and represents an excellent investment opportunity for commercial real estate investors. The property features 11040 square feet of building space and was built in 1989.
With a cap rate of 5.8%, this DaVita net lease property offers stable income potential. The asking price is $4,857,600, making it an attractive option for 1031 exchange investors seeking quality DaVita commercial properties.
Why Invest in DaVita NNN Properties?
- Stable Income: DaVita net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: DaVita is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Atlanta, GA Market Overview
Located in Atlanta, GA, this DaVita property benefits from strong local demographics and market fundamentals. The Atlanta area offers excellent visibility and accessibility, making it an ideal location for DaVita operations and a solid investment for net lease property buyers.