1003 W 4th St
Cameron, MO 64429
DaVita Dialysis · Office Property For Sale

Peranich Huffman Net Lease Group is pleased to offer for sale on an exclusive basis, the DaVita Dialysis of Cameron, Missouri. The 8,600 square foot medical office building is leased to DaVita Healthcare Partners, Inc, the leading provider of kidney dialysis care throughout the United States. With an exceptionally low annual base rental rate of $6.84 per square foot, the lease currently has approximately five and a half years remaining in the primary term. Thereafter, DaVita has the right to exercise a Five-Year Option Period which calls for a one-time 15% base rental rate increase. The property is leased on a double net basis, provided that the tenant is directly responsible for the payment of taxes, insurance, utilities, and maintenance of the interior portions of the premises. Additionally, the tenant is responsible for the maintenance of the adjoining parking lot, sidewalks and landscaping. The landlord’s responsibility is limited to maintenance, repair, and replacement of the exterior, structural portions of the building and the HVAC. DaVita provides dialysis services for patients suffering from chronic kidney failure, which is also known as end stage renal disease (ESRD) in the United States. It operates kidney dialysis centers and provides related medical services primarily in dialysis centers and in contracted hospitals. DVA Renal Healthcare, Inc. operates as a subsidiary of DaVita HealthCare Partners Inc., a Fortune 500® company that, through its operating divisions, provides a variety of health care services to patient populations throughout the United States and abroad. Offered below replacement costs at $769,000, the property provides an investor with the opportunity to acquire the property below replacement costs, with a tenant that exemplifies a reputation of consistency for both patients and the real estate investment community.