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Davita Dialysis - Bronx, New York

1940 Webster Avenue, Bronx, NY 10457

  • For Sale $8,634,480
  • Property Type Office - Medical Office
  • Property Size 19,979 Sqft
  • Lot Size 0.27 Acre
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Renovated 2015
  • Date Updated Dec 16, 2021
This Davita Dialysis Center is located in an exceptionally infill area surrounded by several major redevelopment projects on Webster Ave in The Bronx. The site is situated in close proximity to a major hospital, less than one mile from the 461-bed St. Barnabas Hospital, and surrounded by dense residential housing and several other health care centers including Bronx Health Center, Bronx-Lebanon Hospital Center, Tremont Medical Center and Family Health Center. The Bronx, New York is the northernmost of the five boroughs of NYC.
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Location

  • City Bronx, NY
  • Neighborhood Tremont
  • Zip Code 10457
  • Market Bronx

Contacts

Brady Carroll

Crownstone Investment Group

(610) 291-9895

Highlights

  • Purchase Price: $8,634,480
  • NOI: $431,724
  • Cap Rate: 5%
  • Tenant: Davita Healthcare Partners Inc (DVA)
  • Lease Type: NNN
  • Lease Commencement: October 2015
  • Lease Expiration: October 2030
  • Rental Increases: 10% rent increases every 5 years within initial term plus options
  • Renewal Options: Two 5-year options
  • Ownership Type: Fee Simple
  • Landlord Responsibilities: Parking Area, roof, HVAC, and elevator are maintained by Lessor and reimbursed by Lessee as additional rent. Roof repairs are subject to $1,000 cap per lease year.
  • Rentable SF: 19,979
  • Lot Size: 11,963 SF
  • Year Built: 1943 / 2015 Renovation
  • Property Offers the Ability to Assume the Existing Debt:
  • Loan Assumption: Lender - Freedom Mortgage
  • Servicer - PNC
  • Balance - $3,590,000
  • Interest Rate - 4.4%
  • Amortization - 30 year
  • Term - 10 year
  • Payment - $17,527

Frequently Asked Questions

What is the total square footage of Davita Dialysis - Bronx, New York?

Davita Dialysis - Bronx, New York totals 19,979 square feet.

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Attachments

Contact Listing Broker

Brady Carroll

Crownstone Investment Group

(610) 291-9895

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