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4391 Riverchase Dr
Phenix City, AL 36867
Davita Dialysis Net Lease Investment · Office Property For Sale
PROPERTY FACTS
AMENITIES
- Central Heating
- Air Conditioning
ABOUT 4391 RIVERCHASE DR , PHENIX CITY, AL 36867
Bull Realty is pleased to offer this single tenant net leased DaVita Dialysis center located on campus of Jack Hughston Memorial Hospital in Phenix City, AL. The 9,165 SF brick building was built to suit in 2012 and is generating a Net Operating Income of $128,493. The current lease extends through August of 2029 and contains two 5-year options. Lease is also subject to 10% escalations every 5 years with the first escalation taking place in August of 2019. • Rare opportunity to acquire a single tenant net leased DaVita Dialysis located on a hospital campus • 11+ years remaining on the initial term • A recession-resistant asset occupied by and guaranteed by a national credit tenant in DaVita, Inc. • Recent construction with a strong operating history in a strategic dialysis center market
PROPERTY TAXES
| Parcel Number | 01-07-35-03-001-002.005 | Improvements Assessment | $340,820 |
| Land Assessment | $45,400 | Total Assessment | $386,220 |
PROPERTY TAXES
