4223 East Anaheim Street

Investment Overview

Coldwell Banker Commercial is pleased to present the exclusive offering of 4223 E. Anaheim Street, Long Beach, California — a state-of-the-art, single-tenant net lease investment occupied by DaVita, Inc., one of the nation's leading providers of kidney dialysis treatment. Constructed in 2020 as a purpose-built, build-to-suit facility for DaVita, the property features a two-story clinical layout with 24 patient dialysis stations and three private treatment rooms on the upper floor, and administrative and employee space on the ground floor. The asset offers investors a rare combination of long-term income security, corporate-backed creditworthiness, and a mission-critical healthcare use that is largely immune to e-commerce disruption and economic volatility. With approximately 9 years remaining on an original 15-year corporate lease — complemented by two five-year renewal options and an exceptionally rare 2.5% annual rent escalation — this investment delivers predictable, compounding cash flow growth backed by a tenant generating over $11.61 billion in annual revenue. Strategically positioned at the signalized intersection of E. Anaheim Street and Bennett Avenue with approximately 30,000 vehicles per day, the property sits centrally between three major hospital systems: VA Long Beach, Dignity Health St. Mary Medical Center, and Long Beach Memorial Medical Center. This hospital-adjacent location, combined with a surrounding population of over 460,000 residents and an average household income exceeding $106,000 within one mile, underscores the site's exceptional patient catchment fundamentals. Located within the greater Los Angeles MSA — just 20 miles from Downtown Los Angeles — and with immediate access to both Long Beach Airport and LAX, 4223 E. Anaheim Street represents a rare infill healthcare net lease opportunity in one of the most supply-constrained and demographically robust markets in the United States.