DaVita Dialysis (LH)

1780 West Anklam Road, Tucson, AZ 85745

$3,437,118

Cap Rate 6.75%

Views: 174 DOM: 153 Updated: 11.05.24 Posted: 07.21.24 Status: Active

Summary

Price $3,437,118	Built/Renov 1986/2019	Tenant DaVita Dialysis (LH)
Cap Rate 6.75%	Lease Type Double NN	Guarantor Corp T and Rated
Size/SF 13,084	Lease Start 11-30-2019	#Units 3,042
Price/SF $262.70	Expiration 11-30-2034	Tenant Type Medical/Health
NOI $232,005	R. Term 9.11	Ownership Leasehold
Rent/SF $17.73	Increases 10.0%/5/yrs	Pop 5Mi 219,503
Lot/AC 1.71	Options 3/5yrs/10%	AHHI 5Mi $55,218

BJ Feller

Northmarq

Contact

Lease Highlights

DaVita has occupied the property since 1986 | Tenant renovated in 2019
Leasehold (Ownership of Improvements; Leased Land)
The tenant has 10 years remaining on the current lease term with 3 (5-year) options to extend
No early termination or kick-out clause
Corporate guaranteed lease (NYSE: DVA)

Location Description

DaVita Dialysis is strategically located on W Anklam Road, with access to 13,440 vehicles passing by daily. The property is situated on the campus of Carondelet Health Network's St. Mary's Hospital and is in proximity to well-known national tenants including Circle K and McDonald's.The 5-mile trade area supports a population of 219,503 residents with an average household income of $55,218....

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Key Features

Build to suit
Near major nationals
Strategically located
Freeway close
Dense 200M+ pop 5 mi
Top 100 MSA
Long operation history
Long 10+ yr lease
Traded and rated company
Corporate Guarantee

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Links

DaVita Dialysis Wikipedia DaVita Wikipedia Tucson, Arizona Zip Code 85745 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: DaVita Dialysis
Guarantor:Corp T and Rated
Company:Davita Inc.
# Units:3,042
Tenant S&P: BB
Moody’s: Ba3
Stock: NYSE: DVA

About Tenant

DaVita Inc. (NYSE: DVA) is one of the largest dialysis providers in the United States. Their U.S. dialysis and related lab services business treats patients with chronic kidney failure, ESKD, in...

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Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	7,248	83,318	208,498
2023 Total Population :	7,321	83,047	208,804
2023 Employed Civilian Pop :	3,362	37,052	94,621
2023 Total Businesses :	246	3,776	9,240
2023 Average Household Income :	$ 62,033	$ 64,516	$ 66,790
2023 Total Consumer Spending :	$ 176 M	$ 1998 M	$ 5187 M
2023 Median Age :	37	31	32
2023 Total Households :	3,222	35,156	88,213
2023 Pop Age 25+: Bachelor's Degree :	777	9,358	23,771
2023 Average Home Value :	$ 269,942	$ 281,494	$ 274,135

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
W Anklam Rd	W St Marys Rd	2004	17,612	0.04 mi
W St Marys Rd	W Anklam Rd	2004	16,200	0.08 mi
W Anklam Rd	W St Marys Rd	2004	19,527	0.11 mi
W St Marys Rd	N Silverbell Rd	2004	21,890	0.33 mi
N Silverbell Rd	W St Marys Rd	2004	13,709	0.34 mi
N Silverbell Rd	W St Marys Rd	2004	18,574	0.36 mi
North Silverbell Road	N San Rafael Ave	2019	14,109	0.39 mi
W St Marys Rd	N Iroquois Ave	2004	23,266	0.41 mi
W Anklam Rd	N la Cholla Blvd	2003	15,500	0.44 mi
N Silverbell Rd	Cll Mecedora	2016	12,747	0.45 mi

Listing Broker

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