3250 Kidron Valley Way
Owensboro, KY 42303
DaVita Dialysis - 3250 Kidron Valley Way · Office Property For Sale

OVERVIEW: Peranich Huffman Net Lease Group is pleased to offer for sale on an exclusive basis, the DaVita Dialysis Facility of Owensboro, KY. The 4,200 square foot Peritoneal Dialysis Home Therapy Facility operates 5 days a week, servicing 40 patients within a 50 mile radius. The unit also serves as the home therapy training facility, lab and clinic for five hemodialysis DaVita clinics in the region. LEASE TERM: The building was built-to-suit for DaVita in 2013 and is leased on a double-net basis to Total Renal Care Inc, DaVita’s largest wholly owned subsidiary. The lease is corporately guaranteed by DaVita’s parent company, DaVita, Inc. With an approximate 8 years remaining, the lease provides for 10% annual rent escalation every 5 years, and three 5-Year renewal options at FMRV. HOME THERAPY: There are two kinds of dialysis. In hemodialysis, blood is pumped out of your body to an artificial kidney machine, and returned to your body by tubes that connect you to the machine. This treatment takes place in a traditional dialysis clinic and at home. In peritoneal dialysis, the inside lining of your own belly acts as a natural filter. Wastes are taken out by means of a cleansing fluid called dialysate, which is washed in and out of your belly in cycles. This treatment takes place at home coupled with monthly in-center consultations. GOVERNMENT LEGISLATION: In August 2019, President Trump signed an executive order proposing change to how kidney disease is treated in the United States. A key focus of the executive order is an effort to encourage in-home dialysis. This form of treatment is less expensive for the federal government and is a more profitable means of treatment.