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DaVita Dialysis 3111 Long Beach Blvd

8,400 SF Office Building Long Beach, CA 90807 $6,068,000 ($722/SF) 5% Cap Rate

Investment Highlights

  • Rare DaVita with Absolute NNN Lease
  • Below Market Rent
  • Easy Access from Major SoCal Interstate
  • 20+ Years Operating History
  • Primary Dialysis Center for Nearby Hospital
  • One of the Largest Renal Care Providers

Executive Summary

This absolute NNN DaVita is a highly strategic site located just one mile from MemorialCare Long Beach Medical Center. Featuring below market rents, a 20+ year operating history, and easy access from Interstate-405 (292,500 VPD). The subject property is the largest DaVita in Long Beach, CA, with 28 dialysis stations constantly in use 6 days a week from as early as 3:30 am till as late as 10:30 pm, emphasizing the property’s strategic importance to DaVita’s operations.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,400 SF
Building Class
B
Year Built
2002
Price
$6,068,000
Price Per SF
$722
Cap Rate
5%
NOI
$303,400
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,400 SF
Slab To Slab
12’
Building FAR
0.29
Lot Size
0.67 AC
Zoning
LBPD29
Parking
18 Spaces (2.14 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7204-010-055
Land Assessment
$2,108,329
Improvements Assessment
$2,225,459
Total Assessment
$4,333,788
  • Listing ID: 33110363

  • Date on Market: 9/9/2024

  • Last Updated:

  • Address: 3111 Long Beach Blvd, Long Beach, CA 90807

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