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Davita Dialysis 148 Hector Ave 6,455 SF Office Building Gretna, LA 70056 $3,335,484 CAD ($516.73 CAD/SF) 7% Cap Rate
Investment Highlights
- Absolute Net Lease – Zero Landlord Responsibilities.
- Lease Expiration September 7, 2029
- Two 5-year options to renew
- NOI $166,649.21 ($25.82 PSF)
- 1.5% annual escalations
Executive Summary
With the absolute net lease structure, the tenant is directly responsible for the payment of taxes, insurance, utilities, and maintenance of the all portions of the premises. The facility was constructed on a build-to-suit basis for DaVita in 2005, with an expansion and renovation in 2014.
Property Facts
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Health Care and Social Assistance
- -
- -
- -
Founded in 1993, DaVita has grown into a kidney care company focused on dialysis services, kidney health education, and support for people living with chronic kidney disease and end-stage kidney disease. The company's core business includes in-center and home dialysis, related laboratory services, and management and administrative services for outpatient dialysis centers. DaVita also works across the broader kidney care journey through patient support, treatment options guidance, and education programs, while maintaining operations in the United States and internationally through a wide network of care sites.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Health Care and Social Assistance | - | - | - |
Property Taxes
| Parcel Number | 0200002691 | Improvements Assessment | $418,587 CAD |
| Land Assessment | $25,429 CAD | Total Assessment | $444,016 CAD |
Property Taxes
Presented by
Davita Dialysis | 148 Hector Ave
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