Log In/Sign Up
Your email has been sent.
Davita Dialysis 148 Hector Ave 6,455 SF Office Building Gretna, LA 70056 $2,380,703 ($368.82/SF) 7% Cap Rate
Investment Highlights
- Absolute Net Lease – Zero Landlord Responsibilities.
- Lease Expiration September 7, 2029
- Two 5-year options to renew
- NOI $166,649.21 ($25.82 PSF)
- 1.5% annual escalations
Executive Summary
Single-tenant net leased DaVita Dialysis Facility located in Gretna, LA, a local suburb of New Orleans. The property is leased on an absolute net basis to Renal Treatment Centers Southeast, LP, one of DaVita’s largest subsidiaries.
With the absolute net lease structure, the tenant is directly responsible for the payment of taxes, insurance, utilities, and maintenance of the all portions of the premises. The facility was constructed on a build-to-suit basis for DaVita in 2005, with an expansion and renovation in 2014.
With the absolute net lease structure, the tenant is directly responsible for the payment of taxes, insurance, utilities, and maintenance of the all portions of the premises. The facility was constructed on a build-to-suit basis for DaVita in 2005, with an expansion and renovation in 2014.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
6,455 SF
Building Class
C
Year Built
2005
Price
$2,380,703
Price Per SF
$368.82
Cap Rate
7%
NOI
$166,649
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,455 SF
Slab To Slab
11’
Building FAR
0.16
Lot Size
0.94 AC
Zoning
C2 - Commercial
Parking
25 Spaces (3.87 Spaces per 1,000 SF Leased)
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Health Care and Social Assistance
- -
- -
- -
Founded in 1993, DaVita has grown into a kidney care company focused on dialysis services, kidney health education, and support for people living with chronic kidney disease and end-stage kidney disease. The company's core business includes in-center and home dialysis, related laboratory services, and management and administrative services for outpatient dialysis centers. DaVita also works across the broader kidney care journey through patient support, treatment options guidance, and education programs, while maintaining operations in the United States and internationally through a wide network of care sites.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Health Care and Social Assistance | - | - | - |
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0200002691 | Improvements Assessment | $295,800 |
| Land Assessment | $17,970 | Total Assessment | $313,770 |
Property Taxes
Parcel Number
0200002691
Land Assessment
$17,970
Improvements Assessment
$295,800
Total Assessment
$313,770
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
