DaVita Dialysis Kissimmee - NOI $269,829 NNN
Divita Dialysis NNN | 6.26% Cap Rate
Marketing description
Seller Financing or Private Money Mortgage; subject to terms.
DaVita Dialysis Kissimmee at 802 N John Young Parkway represents a premier net lease healthcare investment backed by a Fortune 500 tenant, DaVita Inc. (NYSE: DVA) — one of the nation’s largest providers of renal care services. The property features over 20+ years of operating history at this location and is secured by a 30+ year corporate guaranteed lease, 6.5 years remaining term with two 5-year renewal options with minimal landlord obligations and 3% annual rent increases. Constructed in 2002 with durable concrete block and steel frame construction and a standing-seam metal roof, the facility spans 9,000 square feet and serves as a mission-critical site within DaVita’s South Orlando network. Investors benefit from predictable, inflation-hedged cash flow and a proven tenant that operates more than 3,000 outpatient clinics nationwide, serving 200,000+ patients annually.
Positioned within Park Hill Place Medical Center, this property sits at the gateway to Kissimmee’s thriving medical corridor along John Young Parkway, which carries over 48,500 vehicles per day. The site is adjacent to LabCorp and the AdventHealth Cancer Institute, and lies within two miles of HCA Osceola and AdventHealth Kissimmee hospitals—placing it in a dense cluster of complementary healthcare providers. The property’s proximity to downtown Kissimmee, City Hall, and major residential communities ensures strong visibility, accessibility, and sustained patient demand within the rapidly growing Orlando-Kissimmee MSA.
Investment highlights
- 6.26% cap rate | Listed at $4,400,000 (NOI $275,428)
- Corporate-guaranteed NNN lease with 6.5-year term remaining with two 5-year renewal options
- 3% annual rent increases (legacy lease)
- 25+ years of tenant occupancy in property
- Minimal owner responsibilities
- 9,000 SF medical facility built in 2002, largest facility in south Orlando Market
- Concrete block and steel frame construction; standing seam metal roof
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