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Investment Highlights

  • Corporately Guaranteed Lease | Exceptional, 3.75% Annual Rental Increases
  • Across From a Walmart And Home Depot Anchored Center | Water Park Capital Of The World
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Strong Demographics In The Immediate Trade Area

Executive Summary

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, DaVita investment property located in Wisconsin Dells, WI. The tenant, DaVita, has over 5.5 years of lease term remaining with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 3.75% annual rental increases throughout the initial term and each option period, steadily growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low management investment opportunity for a passive investor.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,895 SF
Building Class
B
Year Built
2017
Price
$4,355,000
Price Per SF
$551.61
Cap Rate
7.70%
NOI
$335,335
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,895 SF
Building FAR
0.17
Lot Size
1.04 AC
Zoning
A-2 - Agricultural and Rural Business
Parking
28 Spaces (3.55 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

DaVita began as a subsidiary of Dun & Bradstreet in 1994, initially focusing on dialysis services. The company became independent through a leveraged buyout that same year and later rebranded as Total Renal Care Holdings. After facing financial difficulties in the late 1990s, Kent Thiry joined as CEO in 1999 and revitalized the organization. DaVita expanded significantly through acquisitions like Gambro Healthcare in 2005 and HealthCare Partners in 2012. Today, the company operates thousands of outpatient dialysis centers globally and provides various services including outpatient dialysis, lab services, home dialysis options, and disease management programs. DaVita remains committed to improving kidney care through clinical research and comprehensive patient services.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000

Property Taxes

Property Taxes

Parcel Number
146-0147-53205
Land Assessment
$580,800
Improvements Assessment
$2,502,500
Total Assessment
$3,083,300
  • Listing ID: 37960203

  • Date on Market: 10/6/2025

  • Last Updated:

  • Address: E10196 County Road P, Wisconsin Dells, WI 53965

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