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33921287
33921280

2049 East Shelby Drive, Memphis, TN 38116

BW
GA 305065
SWE Realty
Listed by SWE Realty
$2,081,040
2 days on market
Updated 2 days ago

DaVita Dialysis Center - Memphis, TN

Details
Property Type Retail, Office (+1)
Sub Type Storefront, Medical Office
Square Footage 7,120
Cap Rate 7.50%
NOI $156,078
Occupancy 100%
Tenancy Single
Brand/Tenant DaVita
Lease Type NN+
Lease Expiration 07/12/2032
Remaining Term 6
Lease Options Two (2) options of five (5) years each
Year Built 2010
Acreage 2.110
Parking Spaces 36 spaces
Parking Per SqFt 5.06
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 07/13/2022
Ground Lease No
Sale Condition Sale for leaseback

Retail | 7.50% CAP | 7,120 SqFt

Marketing description

DaVita Inc. (DVA), a leading provider of kidney care services and dialysis treatment, was founded in 1999 and is headquartered in Denver, Colorado. The company operates one of the largest networks of outpatient dialysis centers in the world, delivering life-sustaining care to patients with chronic kidney disease (CKD) and end-stage renal disease (ESRD).

DaVita's global platform includes more than 3,100 outpatient dialysis centers, with approximately 2,650 locations in the United States and over 500 internationally, serving more than 280,000 patients worldwide. The company employs roughly 78,000 teammates and continues to expand its integrated kidney care model, focusing clinical outcomes and reducing overall healthcare costs.

The company has a market capitalization of approximately $13.6 billion, under sourcing its position as a major publicly traded healthcare services provider and a key player in the rental care industry.

Investment highlights

  • Ten (10) year NN Lease with limited landlord responsibilities
  • This DaVita lease is corporately guaranteed by DaVita, Inc. DaVita is the largest kidney dialysis provider in the US, commanding 37% market share
  • Recent lease extension demonstrates commitment to site
  • Essential Dialysis Facility Providing Critical, Recession-Resistant Healthcare Services
  • DaVita Inc. is a publicly traded company (NYSE: DVA), ranked #331 on the Fortune 500 with $13.6 billion in annual revenue
  • Convenient access to Interstate 240, Interstate 55, Memphis International Airport, and Downtown Memphis
  • Minutes from Memphis International Airport, the world's busiest cargo airport by freight volume
  • Dense Surrounding Population - Memphis has a population exceeding 630,000 residents, with a large and growing patient base within a 5-mile radius supporting long-term demand for dialysis services
  • Positioned within the Memphis MSA, one of the nation's premier logistics and distribution hubs
  • Benefiting from more than $16 billion in regional investment, including Memphis International Airport modernization, FedEx expansion, and next-generation data center development
  • Strong Demographics - Average household income exceeds $70,128 within a 1-mile radius, reflecting steady purchasing power
  • Established Healthcare & Retail Trade Area - Surrounded by major hospital systems, medical offices, pharmacies, and national retailers, reinforcing the locations role as a dominant healthcare and service hub
  • Excellent Visibility Along East Shelby Drive (30,140 VPD), Approximately 2 Miles from Interstate 55 and 9 Miles from Downtown Memphis

Listing Contacts

BW
GA 305065
SWE Realty
Listed by SWE Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$156,078.00
$13,006.50/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

Map

Zoning

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RU-3 ResidentialMulti FamilyResidential Urban 3
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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