www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.

805 OLD MILL ST Tuscaloosa AL 35401-7132

APN 3107351008041000

Upgrade  
to see sold price and date
Details
Property Type Office
Sub Type Medical Office
Building SqFt 7,352
Lot SqFt 28,296
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code GC
Year Built 1971
Building Count 1
Opportunity Zone Yes
Lease Type ******
Remaining Term ******
Lease Expiration ******
Mortgage Amount ******

Property History

Intelligence Badge
Property Type
Property Type
Retail
Property Subtype
Pharmacy/Drug, Storefront
Asking Details
Asking Price
$2,188,976
Asking Cap Rate
6.35%
Asking NOI
$139,000
Marketing Description

The subject property is a freestanding DaVita Dialysis clinic located in Tuscaloosa, AL.​ DaVita has been there since 2007 and they just signed a new 10-year lease extension indicating their long-term commitment to the site.​ This location is one of the best performing locations in the United States.​ In 2025, the tenant invested in significant property upgrades — including a brand-new fence, landscaping, and a full parking lot repaving and restriping — all completed at DaVita’s expense.​ The lease provides 10% rent increases during the primary term and 1.75% annual increases throughout the three five-year option periods, offering investors stable, long-term income secured by a mission-critical healthcare tenant.​ Additionally, Alabama’s Certificate of Need (CON) regulations make relocating or establishing a competing facility more difficult, further enhancing the site’s strategic value.​ DaVita, Inc.​ (NYSE: DVA), a Fortune 500 healthcare provider and one of the largest kidney care companies in the United States operating over 2,675 dialysis centers nationwide, generated $12.8 billion in revenue and $936 million in net income as of 2024.​ The tenant holds a BB credit rating from Standard & Poor’s and a Ba3 rating from Moody’s, offering a reliable and stable income stream backed by one of the largest kidney care companies in the world.​

This DaVita benefits from exceptional visibility and accessibility in Tuscaloosa’s primary commercial and medical corridor.​ The property is located just 2.5 miles from the University of Alabama (over 42,000 students), home to Bryant–Denny Stadium (seating capacity over 100,000 people), and benefits from the university’s strong regional economic impact.​ The site has strong exposure along Greensboro Avenue with 21,500 vehicles per day and benefits from exceptional visibility and accessibility, drawing from high daily traffic and neighboring national brands, healthcare providers, and service-oriented businesses that help support consistent patient and visitor volume.​

Major employers in Tuscaloosa include The University of Alabama (over 42,000 students and more than 8,000 faculty and staff), Mercedes-Benz U.​S.​ International, DCH Health System, BFGoodrich Tire Manufacturing, and Hunt Refining Company, collectively employing tens of thousands across the region.​ Other national retailers in the immediate vicinity include Walmart, Sam’s Club, Target, Lowe’s, Home Depot, Academy Sports, Dick’s Sporting Goods, TJ Maxx, Michaels, Five Below, World Market, PetSmart, Dollar General, Family Dollar, Walgreens, CVS, Chick-fil-A, Taco Bell, Wendy’s, Zaxby’s, Outback Steakhouse, Olive Garden, IHOP, Hardee’s, AutoZone, Advance Auto Parts, and Sherwin-Williams.​ The area is further supported by nearby hotel and service providers including Hotel Indigo, Homewood Suites, Home2 Suites, and Holiday Inn Express.​ This is a strong opportunity to acquire a mission-critical medical asset in a thriving Alabama university market.​

Investment Highlights

One of Best Performing DaVita Locations in the United States - New 10-Year Lease Extension Indicating DaVita’s Long-Term Commitment to the Location (Historical Occupancy Since 2007) and Significant Tenant Investment in 2025

Strong Parent Company - DaVita, Inc. (NYSE: DVA) Reported $12.8 Billion in Revenue w/ $936 Million in Net Income in 2024

Prime Tuscaloosa Location Near University of Alabama — 2.5 Miles from Campus (Over 42,000 Students) with Bryant-Denny Stadium Nearby (Seating Capacity Over 100,000 People)

Dense Trade Area w/ 139,000 Residents in 5-Miles & 13% Expected Population Growth Over Next 5-Years

High Visibility Along Greensboro Avenue with 21,500 VPD

Property Type
Property Type
Retail
Property Subtype
Pharmacy/Drug, Storefront
Marketing Description

The subject property is a freestanding DaVita Dialysis clinic located in Tuscaloosa, AL. DaVita has been there since 2007 and they just signed a new 10-year lease extension indicating their long-term commitment to the site. This location is one of the best performing locations in the United States. In 2025, the tenant invested in significant property upgrades — including a brand-new fence, landscaping, and a full parking lot repaving and restriping — all completed at DaVita’s expense. The lease provides 10% rent increases during the primary term and 1.75% annual increases throughout the three five-year option periods, offering investors stable, long-term income secured by a mission-critical healthcare tenant. Additionally, Alabama’s Certificate of Need (CON) regulations make relocating or establishing a competing facility more difficult, further enhancing the site’s strategic value. DaVita, Inc. (NYSE: DVA), a Fortune 500 healthcare provider and one of the largest kidney care companies in the United States operating over 2,675 dialysis centers nationwide, generated $12.8 billion in revenue and $936 million in net income as of 2024. The tenant holds a BB credit rating from Standard & Poor’s and a Ba3 rating from Moody’s, offering a reliable and stable income stream backed by one of the largest kidney care companies in the world.

This DaVita benefits from exceptional visibility and accessibility in Tuscaloosa’s primary commercial and medical corridor. The property is located just 2.5 miles from the University of Alabama (over 42,000 students), home to Bryant–Denny Stadium (seating capacity over 100,000 people), and benefits from the university’s strong regional economic impact. The site has strong exposure along Greensboro Avenue with 21,500 vehicles per day and benefits from exceptional visibility and accessibility, drawing from high daily traffic and neighboring national brands, healthcare providers, and service-oriented businesses that help support consistent patient and visitor volume.

Major employers in Tuscaloosa include The University of Alabama (over 42,000 students and more than 8,000 faculty and staff), Mercedes-Benz U.S. International, DCH Health System, BFGoodrich Tire Manufacturing, and Hunt Refining Company, collectively employing tens of thousands across the region. Other national retailers in the immediate vicinity include Walmart, Sam’s Club, Target, Lowe’s, Home Depot, Academy Sports, Dick’s Sporting Goods, TJ Maxx, Michaels, Five Below, World Market, PetSmart, Dollar General, Family Dollar, Walgreens, CVS, Chick-fil-A, Taco Bell, Wendy’s, Zaxby’s, Outback Steakhouse, Olive Garden, IHOP, Hardee’s, AutoZone, Advance Auto Parts, and Sherwin-Williams. The area is further supported by nearby hotel and service providers including Hotel Indigo, Homewood Suites, Home2 Suites, and Holiday Inn Express. This is a strong opportunity to acquire a mission-critical medical asset in a thriving Alabama university market.

Investment Highlights

One of Best Performing DaVita Locations in the United States - New 10-Year Lease Extension Indicating DaVita’s Long-Term Commitment to the Location (Historical Occupancy Since 2007) and Significant Tenant Investment in 2025

Strong Parent Company - DaVita, Inc. (NYSE: DVA) Reported $12.8 Billion in Revenue w/ $936 Million in Net Income in 2024

Prime Tuscaloosa Location Near University of Alabama — 2.5 Miles from Campus (Over 42,000 Students) with Bryant-Denny Stadium Nearby (Seating Capacity Over 100,000 People)

Dense Trade Area w/ 139,000 Residents in 5-Miles & 13% Expected Population Growth Over Next 5-Years

High Visibility Along Greensboro Avenue with 21,500 VPD

Sale Date
******
Sold Price
******
Buyer Borrower 1 Corp Indicator
******
Buyer Borrower 1 Name
******
Buyer Borrower 1 Ownership Rights Code
******
Mortgage Recording Date
******
Mortgage Maturity Date
******
Mortgage Term
******
Document Type
******
Mortgage Interest Rate
******
Mortgage Loan Type
******
Mortgage Lender Name
******
Loan Amount
******
Mortgage Document Date
******
Mortgage Document Number
******
Recording Book
******
Recording Page
******
Mortgage Estimated Interest Rate Indicator
******
Resale Flag
******
Sales Price Code
******
Seller 1 Corp Indicator
******
Transaction Type
******
Mortgage Loan Trans Type
******
Seller 1 Name
******
Transfer Tax
******
Sold By
******
Sold To
******

Loan History

Intelligence Badge

Financial History

Intelligence Badge

Tax History

Intelligence Badge

Contact Information

Want to pull contact information for hundreds of properties at once? Try our new tool, Data Enrichment, and streamline your workflow. Try Data Enrichment Intelligence Badge
These phone numbers and email addresses are checked against the litigator and TCPA lists. Report an error

Ownership Information

Intelligence Badge

Property Details

Intelligence Badge

Contacts

Listing removed on
 BY:
JW
John Wertz PRO
LIC: CA 01448585
•••.•••.6427
••ertz@•••••••••••••••.com
Brokerage logo

Map

Comparable Properties

Intelligence Badge
*All information is deemed reliable but not guaranteed.
Does any data look off? Help us improve Crexi by offering your feedback!
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591