Davita Dialysis
Office | 6.10% CAP
Listing Contacts
MP 
License: VA 0225095108
Active
Asking Price: $2,000,000
Address
1360 N Shenandoah Ave, Front Royal, VA 22630
Show on MapDate Added
Sep 5, 2024
Days on Market
191 days
Time Since Last Update
38 days
Details
Property TypeOffice
SubtypeMedical Office
Investment TypeStabilized
Lease TypeNNN
Tenant CreditCorporate Guarantee
TenancySingle
Lease Expiration04/05/2040
Remaining Term14 years
Cap Rate6.10%
Occupancy Date04/05/2011
NOI$109,975
Broker Co-OpYes
Marketing Description
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.
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$109,975.00
$9,164.58/mo
Valuation Metrics
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
0
DSCR
5.5%
Cap Rate
5.5%
ROI
Due Diligence
Please execute confidentiality agreement to access the due diligence
Listing Contacts
MP License: VA 0225095108
Similar Properties for Sale
$650,000
214 S. Royal Ave, Front Royal, VA 22630
Discover a Prime Commercial Opportunity! Property Tour 03.08.25
214 S Royal Ave Front Royal, VA 22630
virtual tour
$2,000,000
865 John Marshall Hwy Front Royal, VA 22630
Must Pass this Location from DC to Skyline Dr/Shen Nat Park and many other tourist destinations!
865 John Marshall Hwy Front Royal, VA 22630
$375,000
209 W Queen St
Multifamily • 3 Units
209 W Queen St Strasburg, VA 22657
$439,000
PRIME OFFICE/RETAIL SPACE AVAILABLE FOR SALE OR LEASE
WINCHESTER OPEQUON CENTER
3046 Valley Ave Winchester, VA 22601
$4,500,000
Bright Center
Mixed-use, Professionally Managed Marquis Property in Historic Downtown Winchester
9 N Loudoun St Winchester, VA 22601
$825,000
8387 W Main St
Successful Long Running Frame Shop For Sale in Premium Location
8387 W Main St Marshall, VA 20115
$1,975,000
Office/Medical Building for Sale Next to Fauquier Hospital
Office • 7,359 SF
555 Hospital Dr Warrenton, VA 20186
$1,500,000
45 North Rock | Suite 100
Office • 5,049 SF
45 N Hill Dr Warrenton, VA 20186
$1,450,000
29-33 Culpeper Street
Rare opportunity to own office space on Culpeper Street!
29 Culpeper St Warrenton, VA 20186
virtual tour
$4,000,000
RSM
Over 9000 sq ft of space with an additional 11,000 sq ft more to add to property
7180 Opal Rd Warrenton, VA 20186
$1,950,000
2249 - 2287 - 2297 Henshaw Rd
Retail • 9,720 SF
2249 - 2287 - 2297 Henshaw Rd Inwood, WV 25428
See more properties for sale in Front Royal
Broker Information
Is there information that looks off? Report
For assistance, reach out to our support team at [email protected] or call 888.273.0423 .