DaVita | Kenansville, NC

DaVita Dialysis
133 Limestone Road, Kenansville, NC, 28349, USA

Sands Investment Group is Pleased to Exclusively Offer For Sale the 8,538 SF DaVita NN Asset Located at 133 Limestone Road in Kenansville, NC. This Deal Includes Over 10 Years Remaining on a Long-Term Lease With 10% Rent Increases Every 5 Years and Limited Landlord Responsibilities, Providing For a Secured Investment.

  • Over 10 Years Remaining on a Long-Term Double Net (NN) Lease
  • 10% Rent Increases Every 5 Years
  • DaVita Dialysis is a Fortune 500 Company and Leading Provider of Kidney Care in the United States With Over 3,113 Locations Serving 250,000+ Patients
  • Corporately Guaranteed Lease Backed By DaVita Inc (NYSE: DVA); DaVita Generated $12.14 Billion in Revenue (2023)
  • 2019 Build-to-Suit
  • Nearby Tenants Include: Food Lion, NAPA, Subway, Papa Johns Pizza, Family Dollar, Hardee’s, Bank of America, United States Postal Service, McDonald’s, CVS and ECU Health Hospital

In Cooperation With Sands Investment Group North Carolina, LLC – Lic. #29362 BoR: Chris Sands – Lic. NC #300021

DaVita Dialysis
133 Limestone Road, Kenansville, NC, 28349, USA

DAVITA

DaVita (NYSE: DVA) is a health care provider focused on transforming care delivery to improve quality of life for patients globally. The company is one of the largest providers of kidney care services in the U.S. and has been a leader in clinical quality and innovation for more than 20 years. DaVita cares for patients at every stage and setting along their kidney health journey—from slowing the progression of kidney disease to helping to support transplantation, from acute hospital care to dialysis at home. DaVita has reduced hospitalizations, improved mortality, and worked collaboratively to propel the kidney care industry to adopt an equitable and high-quality standard of care for all patients, everywhere. As of September 30, 2024, DaVita had 3,113 outpatient dialysis centers, with 2,660 in the United States and 453 in 13 other countries.

Price

$2,514,108

Cap Rate

6.50%

PREMISES

8,538 SF

RENEWAL OPTIONS

3 x 5 Year Options

Lease Expiration

05/31/2035

Lease Type

NN

RENTAL INCREASES

10% Every 5 Years

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