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377 Boxwood Ln
Pearisburg, VA 24134
DaVita Dialysis · Office Property For Sale
Investment Highlights
- DaVita Dialysis Double-Net Lease with 4+ Years Remaining in Pearisburg, VA
- 5-Year Renewal Executed January 2022 and Commenced April 2023
- 2% Annual Rent Increases add 45 bps to CAP Rate by End of Term
- 11 Years of Operating History at Site with Strong Commitment Demonstrated via Recent Early Renewal
- Minimal Landlord Responsibilities: DaVita Self-Maintains CAM and Fully Reimburses All Taxes & Insurance
- Outparcel to Carilion Giles Community Hospital – 25-Bed Critical Access Hospital with Trauma, Surgery, 24-Hr ER, Imaging, and More
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
6,166 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,166 SF
Building FAR
0.11
Lot Size
1.24 AC
Zoning
RRA1
Property Taxes
| Parcel Number | 40-7-16 | Improvements Assessment | $796,100 |
| Land Assessment | $93,200 | Total Assessment | $889,300 |
Property Taxes
Parcel Number
40-7-16
Land Assessment
$93,200
Improvements Assessment
$796,100
Total Assessment
$889,300
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