DaVita Kidney Care 13041-13141 New Halls Ferry Rd
5,600 SF 100% Leased Retail Building Florissant, MO 63033 $4,327,391 ($772.75/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- DaVita Kidney Care – A leading provider of dialysis services in the U.S., serving over 200,000 patients nationwide.
- ~10 years left with structured rent increases (10% every 5 years), ensuring consistent income growth and inflation protection over the lease term.
- Built in 2020, the facility features modern design, high-quality finishes, and state-of-the-art infrastructure tailored to meet the specialized.
- NN lease with landlord responsibilities including roof, HVAC, and parking lot maintenance, offering a passive investment with durable income.
- Lease guaranteed by DaVita, Inc. (NYSE: DVA), providing financial security backed by a Fortune 500 company with over $11.62 billion in annual revenue.
EXECUTIVE SUMMARY
The Mitchell Warren Team is pleased to present 13041 New Halls Ferry Road in Florissant, MO, this 5,600 SF state-of-the-art medical facility was built in 2020 and is situated on a 1.8-acre lot. The property houses a DaVita Kidney Care center, offering essential dialysis services to the local community. The facility is modern, with high-quality finishes and designed to meet the specialized needs of renal care. This build-to-suit asset offers a NN lease structure, providing a durable passive investment with limited landlord responsibilities. Positioned in a high-traffic area near major highways, the site enjoys excellent visibility and accessibility, further solidifying its value as a long-term investment.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
5,600 SF
Building Class
C
Year Built
2020
Price
$4,327,391
Price Per SF
$772.75
Cap Rate
5.75%
NOI
$248,825
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.02
Lot Size
6.28 AC
Zoning
C8
Frontage
828’ on New Halls Ferry Rd
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 08H-61-0665 | Improvements Assessment | $0 |
| Land Assessment | $313,630 | Total Assessment | $313,630 |
