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Recently Extended Corporate DaVita Dialysis 3111 Long Beach Blvd 8,400 SF Office Building Long Beach, CA 90807 $5,516,509 ($656.73/SF) 5.50% Cap Rate



Investment Highlights
- Corporate DaVita with Abs NNN Lease
- Close Proximity to MemorialCare Long Beach
- Below Market Rent
- New Lease Extension Through 2034
- Located Along Interstate 405 (292 VPD)
- 579,000+ Residents and $121,000 Average Household Income Within a 5-Mile Radius
Executive Summary
Total Renal Care, Inc. executed an early lease extension through 2034 in April 2026, demonstrating a strong commitment to the location. The tenant has further reinforced this commitment through recent capital improvements, including roof replacements.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,400 SF
Building Class
B
Year Built
2002
Price
$5,516,509
Price Per SF
$656.73
Cap Rate
5.50%
NOI
$303,408
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,400 SF
Slab To Slab
12’
Building FAR
0.29
Lot Size
0.67 AC
Zoning
LBPD29
Parking
18 Spaces (2.14 Spaces per 1,000 SF Leased)
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 7204-010-055 | Improvements Assessment | $2,269,968 |
| Land Assessment | $2,150,495 | Total Assessment | $4,420,463 |
Property Taxes
Parcel Number
7204-010-055
Land Assessment
$2,150,495
Improvements Assessment
$2,269,968
Total Assessment
$4,420,463
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Recently Extended Corporate DaVita Dialysis | 3111 Long Beach Blvd
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