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28355366
28355365

2723 W Temple St, Los Angeles, CA 90026

CB
Fl SL3424071
Marcus & Millichap - Orlando
SG
FL SL3288412
Marcus & Millichap - Orlando
SK
FL FL SL3508957
Marcus & Millichap - Orlando
RS
FL 3343473
Marcus & Millichap - Orlando
Listed by Marcus & Millichap - Orlando
$15,010,000
200 days on market
Updated 77 days ago

DaVita Dialysis | Los Angeles | Absolute NNN

Details
Property Type Office
Sub Type Medical Office
Square Footage 17,126
Units 1
Cap Rate 5.25%
NOI $787,796
Occupancy 100%
Tenancy Single
Brand/Tenant DaVita Dialysis
Lease Type Absolute NNN
Lease Term 7
Lease Expiration 11/29/2032
Remaining Term 6.5
Rent Bumps Yes
Lease Options (3) 5 year options
Price per SqFt $876
Year Built 1957
Buildings 1
Acreage 0.760
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 11/30/2025
Occupancy Date 11/30/2025

5% Annual Increases | 5.25% CAP | 17,126 SqFt

Investment highlights

Longstanding Location with New Lease Extension

Continuous Operation as Dialysis Clinic since 1983. New Seven Year Lease Extension Commencing 12/1/2025.

Better Than Market Rental Increases

5% Annual Rental Increases Provides Landlord with Significant Rent Growth Over Term and Automatic Appreciation

High Volume Clinic in Dense Suburban Area

30 Dialysis Stations Provides Tenant with High Capacity to Serve Patient Base

Absolute NNN Lease Structure

Absolutely Free of Responsibility for Landlord and No Exposure to Capital Expenditures

Large Parcel with Dedicated Parking Area

.79 Acre Parcel with Ample Parking at a Ratio of 2.74 | 17,126 SF Building

Capital Improvements Made at Tenants Expense

New Roof Completed 2025

Core Los Angeles, California Location

LA County is an entertainment, manufacturing and international trade behemoth, with a fast growing high-tech and digital media industry cluster largely centered in West LA and, increasingly, in the Hollywood area and beyond. With $807 billion in annual output, Los Angeles County ranks among the world’s largest economies. Its GDP, which would rank No. 19 in the world if it were a standalone nation, is larger than Switzerland and Saudi Arabia, and right behind Netherlands and Turkey, underscoring the magnitude of the region's economy.

Listing Contacts

CB
Fl SL3424071
Marcus & Millichap - Orlando
SG
FL SL3288412
Marcus & Millichap - Orlando
SK
FL FL SL3508957
Marcus & Millichap - Orlando
RS
FL 3343473
Marcus & Millichap - Orlando
Listed by Marcus & Millichap - Orlando

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$787,796.00
$65,649.67/mo

Valuation Metrics

0
DSCR
5.25%
Cap Rate
5.25%
ROI

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Additional Information

Name
Tony Solomon
License
CA 1238010
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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