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28219144
28219145

802 John Young Pkwy, Kissimmee, FL 34741

KE
FL FL 3315857
eXp Commercial
DG
FL BK3221798
eXp Commercial
Listed by eXp Commercial
$4,400,000
205 days on market
Updated 5 days ago

DaVita Dialysis Kissimmee - NOI $269,829 NNN

Details
APN 21-25-29-1908-0001-0010
Property Type Office, Retail (+1)
Sub Type Pharmacy/Drug, Storefront (+1)
Square Footage 9,000
Net Rentable (SqFt) 9,000
Units 1
Cap Rate 6.26%
NOI $275,428
Occupancy 100%
Tenancy Single
Brand/Tenant DaVita
Lease Type NNN
Lease Term 30
Remaining Term 7
Rent Bumps Yes
Lease Options Two 5-year options
Price per SqFt $489
Class B
Year Built 2002
Year Renovated 2019
Buildings 1
Acreage 0.734
Zoning PUD
Parking Spaces 5 per 1,000 sq ft
Investment Type Institutional
Tenant Credit Credit Rated, Corporate Guarantee
Occupancy Date 04/01/2002
Ground Lease No
Ceiling Height 12
Ownership Fee Simple

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

Listing Contacts

KE
FL FL 3315857
eXp Commercial
DG
FL BK3221798
eXp Commercial
Listed by eXp Commercial

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$275,428.00
$22,952.33/mo

Valuation Metrics

0
DSCR
6.26%
Cap Rate
6.26%
ROI

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Additional Information

Name
Kevin Eaton
License
FL 3315857
Brokerage
EXP Commercial
Brokerage Phone
407-706-3579
Title
Broker
Brokerage Address
236 S Lucerne Circle E
Name
Dan Gil
License
BK3221798
Brokerage
eXp Commercial LLC
Brokerage Phone
(407)247-8356
Title
Commercial Real Estate & Business Broker | Advisor
Brokerage Address
7345 West Sand Lake Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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