- For Sale $3,376,000
- Property Type Other
- Property Size 6,808 SF
- Lot Size 1.24 SF
- Building Class A
- Year Built 2006
- Year Renovated 2026
- Date Updated Nov 9, 2026
Description
The Ficke Team of Colliers is pleased to present the opportunity to acquire a single-tenant DaVita Dialysis facility located at 404 N. Farm to Market 492 in Palmview, Texas, within the McAllen-Edinburg-Mission MSA. DaVita has executed a new 10-year NN lease backed by a corporate guaranty from DaVita, Inc. (S&P BB), one of the nation’s largest kidney care providers with more than 3,200 locations and $13.6 billion in 2025 revenue.
The lease provides contractual income growth through 10% rent increases every five years, along with three 5-year renewal options for up to 25 years of potential tenancy. Landlord responsibilities are limited to structure and roof, and the 6,808 SF building is undergoing a 2026 retrofit that includes a brand new roof. Together, these features offer investors a largely passive ownership opportunity with minimal near-term capital exposure.
As an essential healthcare use, dialysis is a recurring, non-discretionary treatment that patients typically require multiple times per week, supporting consistent demand regardless of economic conditions. The 1.24-acre site is positioned near Interstate 2 within an established retail corridor anchored by H-E-B, Walgreens, AutoZone, and Dollar Tree, with more than 109,000 residents within a five-mile radius. DaVita Palmview offers investors a long-term, corporate-guaranteed healthcare net lease in one of South Texas’s fastest-growing markets.
Available
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