Davita | 209 Highland Ave
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Davita 209 Highland Ave
14,000 SF Office Building Waterbury, CT 06708 $2,792,962 ($199/SF) 6.65% Cap Rate
Investment Highlights
- LONG TERM LEASE – ±6.5 Years remaining on the current lease with additional options, provides long-term passive income and control of property.
- LEADING OPERATOR – Over 3000 outpatient dialysis centers which serve more than 250,000 patients in the US and abroad.
- CORPORATELY GUARANTEED – The DaVita Dialysis lease is backed by a corporate guarantee from DaVita, Inc. (S&P: “BB”)
Executive Summary
Broker of Record
Kyle Matthews
License No. REB.0790986 (CT)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. REB.0790986 (CT)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
14,000 SF
Building Class
C
Year Built/Renovated
1998/2003
Price
$2,792,962
Price Per SF
$199
Cap Rate
6.65%
NOI
$185,732
Tenancy
Single
Building Height
1 Story
Typical Floor Size
14,000 SF
Building FAR
0.18
Lot Size
1.75 AC
Zoning
RM
Parking
60 Spaces (4.29 Spaces per 1,000 SF Leased)
Amenities
- Signage
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PROPERTY TAXES
Parcel Number | WATE-000316-000622-000032 | Improvements Assessment | $1,511,300 |
Land Assessment | $141,260 | Total Assessment | $1,652,560 |
PROPERTY TAXES
Parcel Number
WATE-000316-000622-000032
Land Assessment
$141,260
Improvements Assessment
$1,511,300
Total Assessment
$1,652,560
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Davita | 209 Highland Ave
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