Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire the fee simple interest in the land and building of a single-tenant dialysis clinic facility located at 6050 W Ramsey Street, Banning, California. The Property consists of 0.64 acres and a 9,002-square-foot, one-story medical office building that was built in 2003 for the exact specifications of the tenant, DVA Renal Healthcare, Inc., a subsidiary of DaVita, Inc. The property was recently acquired back by the Tenant and expanded in conjunction with the execution of this new lease. The property is ideally situated in Banning, a city located in Riverside County, within close proximity to Interstate 10, which connects to major population centers like Los Angeles and Palm Springs. The site is also located across from San Gorgonio Memorial Hospital, enhancing its strategic importance in the local healthcare ecosystem. The primary tenant, DaVita, Inc., is a leading provider of kidney care in the U.S., operating over 2,675 dialysis centers nationwide. The tenant has a newly executed 12-year net lease, which commences upon closing. The lease structure is double net (NN) with rent escalations of 10% every five years, providing stable and increasing income for investors. The current annual rent is $277,981, with the next rent increase to $305,780 scheduled for year six of the lease. The lease also offers three additional five-year renewal options, extending the potential term of the lease to 27 years. As a leading healthcare operator, DaVita, Inc. is backed by strong financial performance, generating $12.14 billion in revenue and $691 million in net income as of 2023. The tenant holds a BB credit rating from Standard & Poor’s and a Ba3 rating from Moody’s, offering a reliable and stable income stream backed by one of the largest kidney care companies in the world. In association with: Milo Spector - CA Lic. #01959211