-Investment Grade Tenant: Nation's leading provider of kidney dialysis services and a Fortune 500 company. S&P Investment Grade Rating of BB. DaVita Inc. 2025 full year Adjusted Operating Income $2.094 Billion.
-Corporate Guarantee: Lease includes a corporate guarantee from DaVita, Inc.
-Certificate of Need State: Washington is a CON State, which limits competition and prevents an oversupply of dialysis and other medical facilities. CON laws aim to control healthcare costs, prevent unnecessary duplication of services, and ensure quality health care.
-NNN Lease: Provides passive income with minimal landlord management and Low-Risk asset class.
-Located off Highway 395, a primary regional arterial with very high traffic counts.
-Adjacent to Kadlec Regional Medical Center & Emergency campus, and 2 miles from the new Trios Southridge Hospital
-Closely situated between many local retail centers such as Walmart, Fred Meyer, Home Depot and many local and national restaurants.
-Lease includes annual rent increases along with extensions to extend.