Peranich Huffman Net Lease Group is pleased to exclusively present for sale, the DaVita Dialysis located in Beaumont, TX. Priced at a 7.00% capitalization rate, the offering presents investors with the opportunity to acquire a property leased to a reputable national medical provider with a proven history of tenant stability and kidney disease treatment delivery.
Built in 2014, the 15,041 square-foot DaVita Dialysis is strategically situated on a 1.89-acre lot with frontage along North 14th Street. Surrounded by healthcare facilities within Beaumont's primary medical district, DaVita's location provides advantageous positioning among complementary medical services. The 431-bed CHRISTUS Southeast Texas St. Elizabeth Hospital, the only Level III trauma center in the area, is located within a half-mile of the subject property. Other nearby healthcare facilities include: Kate Dishman Rehabilitation Hospital; Legacy Community Health Beaumont North - Taylor Pediatrics; CHRISTUS Trinity Clinic; Southeast Texas OB/GYN Associates; Beaumont Pathology
Associates; Beaumont Heart & Vascular Center; and immediately adjacent to the subject property, Texas Oncology and Southeast Texas Gastroenterology Associates.
DaVita Dialysis signed a 15-year lease in 2015. Over 5 years of primary lease term remain, with (2) 5-year renewal options thereafter. Under the lease agreement's absolute net structure, the tenant bears full financial responsibility for all expenses related to the property while the landlord has zero expense obligations.
DaVita Inc. (S&P: "BB"), a Fortune 500® company, and the parent company of DaVita Kidney Care, is a leading provider of kidney care in the United States, delivering dialysis services to patients with chronic kidney failure and end stage renal disease. DaVita Kidney Care operates & provides administrative services in over 3,000 outpatient dialysis centers across the United States, serving approximately 248,000 patients.