DaVita Dialysis Center - Memphis, TN
$2,081,040
2049 East Shelby Drive, Memphis, TN 38116
7.5
Cap Rate
156,078
NOI
Details:
Description:
*Ten (10) year NN Lease with limited landlord responsibilities
*This DaVita lease is corporately guaranteed by DaVita, Inc. DaVita is the largest kidney dialysis provider in the US, commanding 37% market share
*Recent lease extension demonstrates commitment to site
*Essential Dialysis Facility Providing Critical, Recession-Resistant Healthcare Services
*DaVita Inc. is a publicly traded company (NYSE: DVA), ranked #331 on the Fortune 500 with $13.6 billion in annual revenue
*Convenient access to Interstate 240, Interstate 55, Memphis International Airport, and Downtown Memphis
*Minutes from Memphis International Airport, the world's busiest cargo airport by freight volume
*Dense Surrounding Population - Memphis has a population exceeding 630,000 residents, with a large and growing patient base within a 5-mile radius supporting long-term demand for dialysis services
*Positioned within the Memphis MSA, one of the nation's premier logistics and distribution hubs
*Benefiting from more than $16 billion in regional investment, including Memphis International Airport modernization, FedEx expansion, and next-generation data center development
*Strong Demographics - Average household income exceeds $70,128 within a 1-mile radius, reflecting steady purchasing power
*Established Healthcare & Retail Trade Area - Surrounded by major hospital systems, medical offices, pharmacies, and national retailers, reinforcing the locations role as a dominant healthcare and service hub
*Excellent Visibility Along East Shelby Drive (30,140 VPD), Approximately 2 Miles from Interstate 55 and 9 Miles from Downtown Memphis
This property is listed in conjunction with TN licensed Turner & Associates Realty, LLC.
Documents:
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DaVita_-_Memphis__TN_-_Flyer.pdf
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Location
Gallery