Davita Dialysis — Sale in Newport News, VA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Newport News, VA 23608

Investment Figures

Cap rate
7.80%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

DaVita Inc. is a Fortune 500® health care provider focused on transforming care delivery to improve quality of life for patients around the globe. The company is the largest provider of kidney care services in the U.S. and has been a leader in clinical quality and innovation for 20 years. Through DaVita Kidney Care, the company treats patients with chronic kidney failure and end stage renal disease. Newport News is situated in southeastern Virginia, home to over 186,000 residents. The city sits on a prime vantage point where the James River meets the Chesapeake Bay. Newport News runs approximately 23 miles along the James River and the Hampton Roads Harbor. It is located near Hampton, minutes from Williamsburg, and is a hour drive to Virginia Beach and the Atlantic Ocean. Investment Highlights: • Four Years Remaining on Lease with Three Percent Annual Rent Increases and Multiple Renewal Options • 147,121 Residents within a Five-Mile Radius - Growing Newport News Trade Area • Adjacent to Bon Secours Mary Immaculate Hospital (Over 120 Beds) • Located within the Denbigh Medical Center Office Complex • Average Household Income Exceeds $87,000 within the Surrounding Area

Market Context

This retail in Newport News, VA is listed for sale. It is offered at an approximate 7.8% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Newport News, VA — view the full market.

Estimated Market Rate

$334.79/SF – $452.95/SF

Mid: $393.87/SF

Rate estimator only; cost-of-business estimate unavailable.

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