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Dialysis Center 1360 N Shenandoah Ave

6,086 SF Office Building Front Royal, VA 22630 $2,000,000 ($329/SF) 6.10% Cap Rate

Medical Offices Virginia Front Royal 1360 N Shenandoah Ave, Front Royal, VA 22630

Investment Highlights

  • National Medical Dialysis Corporation

Executive Summary

This building was a custom build for DaVita in 2012. The dialysis center put in over 1 million of their own funds in the internal buildout to include full sprinkle system. There is 4 yrs and 8 months left on original lease plus 2 (5) year options which they will be exercising. This is a NNN with owners responsible for roof and structure only. Lease has increases of 2% annually and the management fee is 1k with 3% annual leases.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
6,086 SF
Building Class
B
Year Built
2012
Price
$2,000,000
Price Per SF
$329
Cap Rate
6.10%
NOI
$121,974
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,086 SF
Building FAR
0.21
Land Acres
0.65 AC
Zoning
C-I - COMMUNITY BUSINESS DISTRICT
Parking
28 Spaces (4.6 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

DaVita is about life. They are about enriching the lives of their patients, teammates and partners, and the communities in which they operate. To know DaVita—affectionately referred to as the Village—is to understand their history and culture. From a humble start to striving to become a pioneer in health care around the world, see how DaVita has progressed through the years. At DaVita, they are driven to deliver differential, equitable and holistic care to their patients throughout their entire kidney disease journey. Learn how they are making strides to transform kidney care today and beyond. “Giving life.” The name DaVita is an adaptation of this Italian phrase. This is what teammates strive to do for DaVita patients every day, whether they work in a clinic or give support in an office. They are dedicated to an unwavering pursuit of a healthier tomorrow through their mission and core values.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Health Care and Social Assistance - $9.99 Lorem Ipsum Jan 0000
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(540) 450-0142

  • Listing ID: 32996797

  • Date on Market: 8/29/2024

  • Last Updated:

  • Address: 1360 N Shenandoah Ave, Front Royal, VA 22630

More public record information on 1360 N Shenandoah Ave, Front Royal, VA 22630

The Office Property at 1360 N Shenandoah Ave, Front Royal, VA 22630 is currently available For Sale. Contact Link Realty Services for more information.

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Dialysis Center | 1360 N Shenandoah Ave
(540) 450-0142 x

Dialysis Center | 1360 N Shenandoah Ave

Meridee Powars

(540) 450-0142

(540) 450-0142

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