Listed by Matthews
$2,500,000
DaVita | 8.29% Cap | New Jersey | Hospital Proximity
Details
Property Type Office, Retail
Sub Type Medical Office, Pharmacy/Drug
Square Footage 8,000
Cap Rate 8.29%
NOI $207,323
Occupancy 100%
Tenancy Single
Brand/Tenant DaVita, Fresenius Kidney Care
Lease Type NNN
Lease Expiration 10/27/2029
Remaining Term 3.3
Rent Bumps Yes
Lease Options Two, 5-Year Options
Price per SqFt $313
Year Built 2014
Acreage 1.970
Tenant Credit Credit Rated, Corporate Guarantee
Ownership Fee Simple
Proximity to Deborah Heart and Lung Center
Investment highlights
- Corporate Guarantee - The DaVita Dialysis lease is backed by a corporate guarantee from DaVita, Inc. (S&P: "BB"), a Fortune 500® company and the leading provider of kidney care in the United States.
- Leading Tenant - Over 3,000 outpatient dialysis centers which serve more than 250,000 patients in the US and abroad. This offering provides an investor with the opportunity to acquire a property containing a leading national medical tenant with a resilient business model.
- Rapid Growth of the Dialysis Market - The global dialysis market is projected to reach $138.7 billion by 2030, growing at a compound annual growth rate of 5.1%.
- Synergy in Growing Healthcare Market – Located across from Deborah Heart and Lung Center, the community hospital that underwent a $108M expansion in 2022, the tenant is strategically positioned to benefit from enhanced medical synergy and growing patient demand.
- Core Retail Location – The property is centrally located in Browns Mills, positioned on a prime hard-corner intersection directly across from 160,000 SF of retail at Pine Grove Plaza.
- Military Hub - Proximity to Joint Base McGuire-Dix-Lakehurst, New Jersey’s largest military base with over 42,000 active-duty service members.
- Strong Hours of Operation – This clinic operates approximately 16 chairs, 6 days a week from 5:00AM – 6:00PM, indicating strong patient demand and occupancy levels.
- Sole Dialysis Clinic in Brown Mills – This DaVita serves as the exclusive dialysis provider in the entire market, highlighting its essential role in the community
- Passive Lease Structure – Landlord responsibilities limited to Roof and Exterior Structure. Tenant reimburses landlord for replacement of those items, offering a passive investment with low maintenance.
Listing Contacts
Listed by Matthews
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$207,323.00
$17,276.92/mo
Valuation Metrics
0
DSCR
8.29%
Cap Rate
8.29%
ROI
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Zoning
TC-R CommercialRetail CommercialTown Center Retail
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View all 14 uses Last updated Feb 16, 2026 For deeper zoning details, reports are available at Zoneomics
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