Log In/Sign Up
Your email has been sent.
DaVita 38454 5th St W 13,750 SF Office Building Palmdale, CA 93551 $8,805,957 CAD ($640.43 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Strong Corporate Guarantee from a Credit Tenant | DaVita Inc. (“DVA”) controls 37% of the U.S. dialysis market share
- Early Lease Renewal | DaVita recently executed an early lease renewal, extending the remaining lease term to over 10 years
- Ease of Circulation | DaVita benefits from five different points of ingress/ egress, with immediate access to tow main thoroughfares
- Strategic Location | 13,750 sf build-to-suit property that sits on an oversized 1.46-acre parcel with 68 parking stalls is custom-designed for DaVita
- Proximate to Major Freeway | Located on 5th St W and Palmdale Blvd., just off the 14 Freeway, which sees a combined 140,000+ VPD
- Fee Simple Ownership (Land and Building) | Depreciable Asset
Executive Summary
CBRE is pleased to present a DaVita for sale located at 38454 5th St. W in Palmdale, CA. DaVita recently executed
an early lease renewal, extending the remaining lease term to over 10 years, demonstrating a strong, long-term
commitment to the location and market. The fee-simple property includes a 13,750 SF building on a 1.46 ACRE lot
and benefits from being on 5th St W and just off the 14 Freeway, which sees a combined 140,000 vehicles per day.
The asset offers Ideal Demographics with 130,000 people and $80,000 household income in a 5-mile radius. The
property is less than a mile from Palmdale Medical Center which has 184 staffed beds and sees over 60,000
emergency department visits annually.
DaVita Inc. (“DVA”) is a publicly traded company that offers incredible strong credit to investors with a market cap of
$8.86 Billion. As of June 30, 2025, DaVita, Inc. has provided dialysis and administrative services through a network of
3,175 outpatient dialysis centers globally, serving a total of ±282,000 patients. DaVita, Inc. also provides acute inpatient
dialysis services in over 900 hospitals and related laboratory services throughout the United States.
an early lease renewal, extending the remaining lease term to over 10 years, demonstrating a strong, long-term
commitment to the location and market. The fee-simple property includes a 13,750 SF building on a 1.46 ACRE lot
and benefits from being on 5th St W and just off the 14 Freeway, which sees a combined 140,000 vehicles per day.
The asset offers Ideal Demographics with 130,000 people and $80,000 household income in a 5-mile radius. The
property is less than a mile from Palmdale Medical Center which has 184 staffed beds and sees over 60,000
emergency department visits annually.
DaVita Inc. (“DVA”) is a publicly traded company that offers incredible strong credit to investors with a market cap of
$8.86 Billion. As of June 30, 2025, DaVita, Inc. has provided dialysis and administrative services through a network of
3,175 outpatient dialysis centers globally, serving a total of ±282,000 patients. DaVita, Inc. also provides acute inpatient
dialysis services in over 900 hospitals and related laboratory services throughout the United States.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
13,750 SF
Building Class
B
Year Built
2016
Price
$8,805,957 CAD
Price Per SF
$640.43 CAD
Cap Rate
6.25%
NOI
$550,372 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
13,750 SF
Building FAR
0.22
Lot Size
1.46 AC
Zoning
PDC3
Parking
68 Spaces (4.95 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Health Care and Social Assistance
- -
- -
- May 2036
Chez DaVita, ils sont déterminés à offrir des soins différentiels, équitables et holistiques à leurs patients tout au long de leur parcours de maladie rénale. DaVita est guidée par sa mission — devenir le fournisseur, le partenaire et l'employeur de choix — et par un ensemble de valeurs fondamentales — excellence du service, intégrité, équipe, amélioration continue, responsabilisation, exécution et amusement — qui sont renforcées à tous les niveaux de l'organisation. Ils s'engagent à appliquer des politiques et des pratiques solides en matière de gouvernance d'entreprise, ainsi qu'à respecter les lois fédérales et étatiques.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Health Care and Social Assistance | - | - | May 2036 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 3004-002-033 | Improvements Assessment | $4,485,740 CAD |
| Land Assessment | $5,387,328 CAD | Total Assessment | $9,873,068 CAD |
Property Taxes
Parcel Number
3004-002-033
Land Assessment
$5,387,328 CAD
Improvements Assessment
$4,485,740 CAD
Total Assessment
$9,873,068 CAD
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
DaVita | 38454 5th St W
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.