541 Main St
Woodbridge, NJ 07095
DaVita Dialysis · Retail Property For Sale

CBRE is pleased to exclusively present for sale this DaVita Dialysis center located in Woodbridge, NJ. The subject property has excellent frontage located on Main Street which sees 21,977 vehicles passing by daily. Strategically located just 11 miles from Staten Island and 25 miles from downtown Manhattan, this site is easily accessible from the intersection of numerous major highways including the New Jersey Turnpike (I-95), The Garden State Parkway, I-287, Route 1 and Route 9. DaVita Dialysis is on a 15 year lease with over 10 years remaining and two, five year options to renew. There are 10% rental increases every 5 years throughout the base term and FMV in the option periods. This opportunity offers a double net lease and is corporately guaranteed by DaVita Inc., one of the largest providers of dialysis services in the world, rated “BB” by Standard and Poor’s. The subject property is strategically located in close proximity to major medical centers including JFK Medical Center, Hackensack Meridian Health, Saint Peter’s University Hospital, RWJ University Hospital and Staten Island University Hospital to name a few. DaVita is also situated in a strong retail corridor and is located approximately 1 mile from the Woodbridge Center, the third-largest mall in New Jersey with a gross leasable area of 1,633,000 square feet. This is a key operational location for DaVita, as it is not only a traditional dialysis center but is also designated as a regional conference and training center making it an integral piece to the tenant’s operations. This area offers extreme population density as one of the most heavily populated areas in the country with 14,078 people in the 1 mile ring, 146,476 people in the 3 mile ring and 340,483 people in the 5 mile ring. Surrounding national tenants include Lowe’s Home Improvement, Home Depot, Walmart, Target, McDonalds, Aldi, Panera Bread, Dicks Sporting Goods, Wegmans, Home Goods, Dollar Tree and Dunkin Donuts to name a few.