Davita Kidney Care

Overview

Highlights

• Tenant: DaVita Kidney Care – A leading provider of dialysis services in the U.S., serving over 200,000 patients nationwide. As a Fortune 500 healthcare company, DaVita has a strong reputation for quality care and operational excellence.
• Lease Structure: NN lease with landlord responsibilities including roof, HVAC, and parking lot maintenance, offering a passive investment with durable income.
• Remaining Lease Term: ~10 years with structured rent increases (10% every 5 years), ensuring consistent income growth and inflation protection over the lease term.
• Corporate Guarantee: Lease guaranteed by DaVita, Inc. (NYSE: DVA), providing financial security backed by a Fortune 500 company with over $11.62 billion in annual revenue. The corporate guarantee adds an extra layer of stability to the investment.
• New Construction: Built in 2020, the facility features modern design, high-quality finishes, and state-of-the-art infrastructure tailored to meet the specialized needs of renal care services.

Description

The Mitchell Warren Team is pleased to present 13041 New Halls Ferry Road in Florissant, MO, this 5,600 SF state-of-the-art medical facility was built in 2020 and is situated on a 1.8-acre lot. The property houses a DaVita Kidney Care center, offering essential dialysis services to the local community. The facility is modern, with high-quality finishes and designed to meet the specialized needs of renal care. This build-to-suit asset offers a NN lease structure, providing a durable passive investment with limited landlord responsibilities. Positioned in a high-traffic area near major highways, the site enjoys excellent visibility and accessibility, further solidifying its value as a long-term investment.

Location

13041 New Halls Ferry Road, Florissant, MO 63033

Florissant, MO, is a vibrant suburb of St. Louis, known for its rich history, diverse community, and strong local economy. The property is strategically located near key transportation arteries, including Interstate 270, providing easy access to downtown St. Louis and surrounding areas. The site benefits from high daily traffic counts and is in close proximity to hospitals, shopping centers, and residential neighborhoods, making it an ideal location for a healthcare facility. The local demographics reflect a growing population with a solid average household income of $76,485 within a one-mile radius. This area’s demand for medical services, particularly dialysis care, is supported by an aging population and the increasing prevalence of chronic health conditions.

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