DaVita - Net Lease Property for Sale
San Francisco, CA
Key Investment Metrics
Price
$9,292,000
Cap Rate
7.0%
Net Operating Income
$650,484
Building Size
12046 SF
Lot Size
12,046 SF
Remaining Term
11.7 years
Lease Expiration
09/30/2037
Lease Type
NN
Tenant Credit
Corporate Guarantee
Year Built
1929
Occupancy
100%
Tenancy
Single
Rent Increases
10% every 5 yrs
About This DaVita Net Lease Property
This DaVita NNN (triple net lease) property is located in San Francisco, CA and represents an excellent investment opportunity for commercial real estate investors. The property features 12046 square feet of building space and was built in 1929.
With a cap rate of 7.0%, this DaVita net lease property offers stable income potential. The asking price is $9,292,000, 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.
San Francisco, CA Market Overview
Located in San Francisco, CA, this DaVita property benefits from strong local demographics and market fundamentals. The San Francisco area offers excellent visibility and accessibility, making it an ideal location for DaVita operations and a solid investment for net lease property buyers.