805 Old Mill Street
Tuscaloosa, AL
DaVita Dialysis
| Offering Summary | |||
|---|---|---|---|
| Price | $2,188,976 | Cap Rate | 6.35% |
| NOI | $139,000.00 | Rentable SF | 7,416 SF |
| Lot Size | 26,572 +/- SF | Year Built | 1971/2013/2025 |
| Lease Type | NN | Lease Term | 10 Years |
Investment Highlights
- New 10-Year Lease Extension Indicating DaVita’s Long-Term Commitment to the Location (Historical Occupancy Since 2007)
- Strong Parent Company – DaVita, Inc. (NYSE: DVA) Reported $12.8 Billion in Revenue w/ $936 Million in Net Income in 2024
- Prime Tuscaloosa Location Near University of Alabama — 2.5 Miles from Campus (Over 42,000 Students) with Bryant-Denny Stadium Nearby (Seating Capacity Over 100,000 People)
- Dense Trade Area w/ 139,000 Residents in 5-Miles & 13% Expected Population Growth Over Next 5-Years
- High Visibility Along Greensboro Avenue with 21,500 VPD
- Mission-Critical Healthcare Asset with Limited Competition in a University-Focused Market, Providing Long-Term, Stable Income in a Certificate of Need State
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
[email protected]