DaVita, Inc.

6220 Harney Road, Tampa, FL

$5,042,569

Price

5.1%

Cap Rate

$257,171

NOI

Overview
Cap Rate
5.1%
NOI
$257,171
Building Size
9,934 sqft
Lot Area
1.75 acres
Lease Type
Double Net
Year Built
2018
Tenancy
Multiple
Description

Stan Johnson Company is pleased to offer for sale to qualified investors the opportunity to acquire the fee simple interest in the land and building of a two-tenant medical office building in Tampa, Florida (the “Property”).

DaVita, Inc. is one of the leading kidney care companies in the world with over 2,625 outpatient clinics in 46 states. As of September 30, 2018, DaVita, Inc. generated over $11.38 billion in revenue. UnitedHealth Group's (NYSE: UNH) OptumCare has approximately 43,000 affiliated or employed physicians making it the largest employer of physicians in the U.S. UNH generated $235 billion in revenue.

The Property consists of 1.75 acres and a 10,000-square-foot medical clinic that was built to the exact specifications of the Tenants' design and building standards. The Property’s layout and operation is top-of-the-line and offers cost savings given its energy efficient buildout.

It is located at the intersection of Harney Road and Hillsborough Boulevard and sees nearly 45,000 VPD. There are approximately 220,000 in population in the five-mile radius with $53,000 in average household income.

In Association With: David Bailey - FL Lic #BK3442511

Highlights
  • No Early Termination or Kick-Out Clause
  • Leading Operator & Strong Guarantee
  • Top Physician Employer & Huge Parent Company
  • Growing Industry Insulated from Macroeconomic Changes
  • Long-Term, Passive Lease with Rent Growth
  • Densely Populated Area
  • Income Tax Free State

Location
Gallery