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716 Denbigh Blvd
Newport News, VA 23608
DaVita Dialysis · Office Property For Sale
Investment Highlights
- 4+ Years Remaining on Lease with 3% Annual Rent Increases and Multiple Renewal Options
- Adjacent to Bon Secours Mary Immaculate Hospital (120+ Beds)
- Average Household Income Exceeds $87,000 within the Surrounding Area
- 147,121 Residents within a 5-Mile Radius - Growing Newport News Trade Area
- Located within the Denbigh Medical Center Office Complex
Executive Summary
DaVita Inc. is a Fortune 500® health care provider focused on transforming care delivery to improve quality of life for patients around the globe.
Newport News is situated in southeastern Virginia, home to over 186,000 residents.
Newport News is situated in southeastern Virginia, home to over 186,000 residents.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,344 SF
Building Class
B
Year Built
1989
Price
$2,117,135 CAD
Price Per SF
$333.72 CAD
Cap Rate
7.80%
NOI
$165,165 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,344 SF
Building FAR
0.99
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
O2
Parking
50 Spaces (7.88 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $122,364 CAD | Total Assessment | $122,364 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$122,364 CAD
Improvements Assessment
$0 CAD
Total Assessment
$122,364 CAD
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