$8,604,190
1501 O Street
Listing Type: For Sale
Property Type: Office
Status: Available
CBA ID#: 678831
1501 O St
Auburn, WA 98001

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Commercial Property

Marketing Description:

- Dense Retail Corridor - Immediately south of the Outlet Collection Seattle- No Early Termination or Kick-Out Clause - During initial term and any exercised options- Leading Operator - DaVita is one of the largest kidney care companies in the US-2,724 outpatient clinics in 46 states; 199,400 patients- Strong Guarantee - $11.61 billion in revenue, $547 million in net income, Moody's: Ba3, S&P: BBIncome Tax-Free State- Growing Industry - 562,000+ ESRD dialysis patients in US (3.0% CAGR 2010-2020)- Insulated from Macroeconomic Changes - +/-90% of DaVita, Inc.'s total dialysis patients were covered under some form of government-based program- Long-Term, Passive Lease - 15-year lease with highly passive rental income, net lease structure, minimal landlord responsibilities- Top MSA - Se

Land Features:

  • Lot Size: 54494 SqFt
  • Lot Acreage: 1.25 Acres
  • Zoning: C3

Building Features:

  • Available Space: 11500 SqFt
  • Cap Rate: 0.00%
This Listing Supplied Courtesy of Northmarq Commercial, LLC
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity