www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze property details including ownership and financial history. Share advanced property insights with your clients and teams.

DaVita Dialysis - Culpeper

8.5 Years Remaining | Medical Office | 7.00% CAP | 6,227 SF

Listing Contacts

See All (3)

Active

Asking Price: $1,565,646
Listing Broker NameBrian Hosey
Address 

430 Southridge Pkwy, Culpeper, VA 22701

Show on Map
Date Added
Jan 21, 2025
Days on Market
53 days
Time Since Last Update
24 days

Details

Property TypeRetail, Office
SubtypeTraditional Office, Medical Office
Investment TypeNet Lease
Lease TypeNN
Tenant CreditCorporate Guarantee
TenancySingle
Brand/TenantDaVita
Lease Term15 years
Lease Commencement09/30/2018
Lease Expiration09/29/2033
Remaining Term8.5 years
Square Footage6,227
Net Rentable (sq ft)6,227
Price/Sq Ft$251.43
Cap Rate7.00%
Occupancy100%
NOI$109,595
Units1
Year Built1995
Year Renovated2018
Buildings1
Stories1
Lot Size (acres)0.43
Parking (spaces)30
Rent BumpsEvery Five Years
Broker Co-OpYes
APN50B510, 50B511, 50B512
Lease Options2, 5-Year
Ground LeaseNo

Marketing Description

Marcus & Millichap is pleased to exclusively offer a net-leased DaVita Dialysis clinic in Culpeper, Virginia.​ This property is corporately guaranteed by DaVita, Inc.​ (NYSE: DVA), with 8.5 years remaining on the lease term and a scheduled 12.5 percent rental increase on October 1, 2028.​ Additionally, the lease includes two five-year renewal options, each with a 10 percent rental increase at the start of the option period.​

The facility underwent significant retrofit-to-suit renovations in 2018, with DaVita funding and completing all necessary improvements to meet their clinic standards.​ Prior to these renovations, DaVita committed to a new 15-year lease, demonstrating a strong long-term commitment to the site.​

The high-volume in-center hemodialysis clinic operates six days a week, with Monday, Wednesday, and Friday offering three shifts per day from 6 a.​m.​ to 8 p.​m.​, and Tuesday, Thursday, and Saturday offering two shifts per day from 6 a.​m.​ to 4 p.​m.​ The clinic features 16 chairs, including one isolation room chair.​

Located within the Southridge Office Park, which houses a mix of medical and professional tenants, the property is just 0.5 miles from UVA Health Culpeper Medical Center, a 70-bed facility.​ It is also 3 miles from Spring Oak Assisted Living Facility and 0.3 miles from Route 29 and James Monroe Highway, which see daily traffic counts of 15,000 and 21,000 vehicles, respectively.​

The area has very limited competition, with the nearest DaVita location being roughly 30 miles away in Fredericksburg, making this the only DaVita facility within a 25-mile radius.​

Investment Highlights

  • Net Leased DaVita Dialysis | Corporately Guaranteed by DaVita, Inc. | NYSE: DVA

  • Facility Underwent Significant Retrofit-to-Suit Renovations in 2018

  • High Volume In-Center Hemodialysis Clinic | Open Six Days a Week

  • Situated Within Southridge Office Park with a Mix of Medical & Professional Tenants

  • Very Limited Competition in Surrounding Area

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$109,595.00
$9,132.92/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts

See All (3)

Similar Properties for Sale

Pictures of Retail property located at 771 Madison Rd, Culpeper, VA 22701 for sales - image #1
$1,400,000
771 Madison Rd
Car Lot for Sale or Lease/Auto Repair

771 Madison Rd Culpeper, VA 22701

Pictures of Hospitality, Mixed Use, Retail, Special Purpose property located at 385 Waugh Blvd, Orange, VA 22960 for sales - image #1
Opportunity Zone
$2,400,000
Waugh Property
Mixed Use Investment Opportunity NOW FULLY AVAILABLE

385 Waugh Blvd Orange, VA 22960

Pictures of Retail property located at 119 N Madison Rd, Orange, VA 22960, 113 E Main St, Orange, VA 22960, 105 N Madison Rd, Orange, VA 22960, 109 N Madison Rd, Orange, VA 22960, 111 E Main St, Orange, VA 22960, 105 E Main St, Orange, VA 22960, 101 E Main St, Orange, VA 22960, 105 E Main St, Orange, VA 22960, 107 E Main St, Orange, VA 22960, 101 & 103 N Madison Rd, Orange, VA 22960, 121 N Madison Rd, Orange, VA 22960, 115 N Madison Rd, Orange, VA 22960 for sales - image #1
Opportunity Zone
$1,995,000
119 N Madison Rd
Portfolio of Properties in Downtown Orange VA

12 LOCATIONS

Pictures of Retail property located at 11022 Marsh Rd, Bealeton, VA 22712 for sales - image #1
Opportunity Zone
$3,110,000
7-Eleven
7-Eleven in Northern Virginia • Scheduled Rental Increases • Recently Exercised Option Period

11022 Marsh Rd Bealeton, VA 22712

Pictures of Retail, Land property located at 3800 Shelby Road, Uno, VA 22738 for sales - image #1
Unpriced
3800 Shelby Road
Retail • 2,000 SF

3800 Shelby Road Uno, VA 22738

Pictures of Business for Sale, Industrial, Land, Office, Retail property located at 9932 Seminole Trail, Ruckersville, VA 22968 for sales - image #1
$2,355,000
Blue Ridge Trailer Sales and Service
Business with Land for Sale

9932 Seminole Trail Ruckersville, VA 22968

Pictures of Retail property located at Barboursville Auto Shop & Hair Salon, Eheart, VA 22923 for sales - image #1
$1,689,000
Barboursville Auto Shop & Hair Salon
Two successful businesses in a convenient location!

Barboursville Auto Shop & Hair Salon Eheart, VA 22923

Pictures of Land, Retail property located at greencroft blvd & spotswood trail, Ruckersville, VA 22968 for sales - image #1
Unpriced
Greencroft Plaza
Land

greencroft blvd & spotswood trail Ruckersville, VA 22968

Pictures of Retail property located at 5459 Old Alexandria Turnpike, Warrenton, VA 20187 for sales - image #1
$1,240,000
5459 Old Alexandria Tpk
NNN Leased Investment • 6.17% CAP • 1,900 SF

5459 Old Alexandria Turnpike Warrenton, VA 20187

Pictures of Retail, Land property located at 5021 Lee Hwy, Warrenton, VA 20187 for sales - image #1
Unpriced
Warrenton SHELL Station
Warrenton SHELL Station !!!

5021 Lee Hwy Warrenton, VA 20187

Pictures of Retail property located at Hwy 29 Warrenton, Warrenton, VA 20187 for sales - image #1
$5,995,000
Shell Convenience Store - Lee Highway
Shell Gas Station Opportunity • Owner Operator

Hwy 29 Warrenton Warrenton, VA 20187

See more properties for sale in Culpeper
See More
See More Similar Properties
Broker Name
Brian Hosey
Broker License
VA 0225247494
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off? Report
For assistance, reach out to our support team at [email protected] or call 888.273.0423 .