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Investment Highlights

  • DaVita recently executed an early lease renewal extending occupancy beyond six years.
  • Lease includes 2% annual rent escalations throughout the current term.
  • Property is located near Mena Regional Health System and national retailers.
  • Tenant invested approximately $150,000 in property improvements in January 2026.
  • Tenant has operated from the location for more than 15 years.
  • Tenant holds three additional 5-year renewal options.

Executive Summary

DaVita Dialysis Center at 1200 Crestwood Circle presents a single-tenant healthcare investment occupied by one of the nation’s largest dialysis providers. The property has served DaVita for more than 15 years, and the tenant recently demonstrated continued commitment to the location through an early lease renewal and a reported investment of approximately $150,000 in property improvements completed in January 2026. The lease structure provides reimbursement of taxes, insurance, common area maintenance, and parking lot expenses, supporting a management-light ownership profile.
The facility is positioned near Mena Regional Health System and a concentration of national retailers including Walmart, Walgreens, McDonald’s, and Wendy’s. This location benefits from established healthcare demand, convenient access for patients, and proximity to daily-needs retail services that contribute to consistent area activity. As a dialysis provider, DaVita delivers essential healthcare services that support recurring patient visits and long-term operational occupancy.
The current lease includes scheduled 2% annual rent increases, providing contractual income growth throughout the remaining term. In addition, the tenant holds three 5-year renewal options that may support long-term occupancy continuity. The property is located in Arkansas, a Certificate of Need state, where healthcare facility expansion is subject to regulatory oversight that can limit new competing dialysis facilities. Combined with the tenant’s operating history, recent capital investment, and established presence in the market, the asset offers investors exposure to a healthcare-oriented net leased property backed by a nationally recognized operator.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
4,956 SF
Building Class
C
Year Built
2007
Price
$1,697,485 CAD
Price Per SF
$342.51 CAD
Cap Rate
7%
NOI
$118,824 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,956 SF
Building FAR
0.22
Lot Size
0.51 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
6000-03091-0100
Land Assessment
$4,225 CAD
Improvements Assessment
$131,512 CAD
Total Assessment
$135,738 CAD
  • Listing ID: 41791918

  • Date on Market: 2026-08-18

  • Last Updated:

  • Address: 1200 Crestwood Cir, Mena, AR 71953

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