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1006 I-2 Donna, TX

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For Sale
$3,647,170

NNN property leased to DaVita with corporate guarantee.

Lot size:
1.19 Acres

Property Features for 1006 I-2

General Information

Lot size
1.19 Acres

Source: Matthews Real Estate Investment Services - Orange County Agent Jaidyn Phonrath

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

DaVita Built-To-Suit NNN Property

Constructed in 2016 as a built-to-suit property for DaVita, this property is under a double net lease, offering minimal landlord responsibilities and a passive income stream. The lease, guaranteed by DaVita, Inc., a Fortune 500 company and a leading kidney care provider in the United States, extends for a 15-year term with two 5-year options. Rental increases of 10% are scheduled every 5 years, with the next increase in 2026, and an additional 10% increase in each option period. The location demonstrates strong demand, operating 6 days a week. Situated within the McAllen-Edinburg-Mission MSA, the site benefits from its location in the fifth-largest metro area in Texas, with a population of approximately 865,677 people and a population density of 557.15 people per square mile. Healthcare real estate has shown resilience against recessions and the COVID-19 pandemic. Texas is one of the 9 income tax-free states in the United States.
Location Intelligence

Current Use by Public Records

Medical centers

Map

City
Donna
County
Hidalgo
State
Texas
Longitude
-98.05195
Latitude
26.1703525

FAQs

What type of property is this?
Medical center - NNN property leased to DaVita with corporate guarantee.
Where is this medical center located?
The property is located at 1006 I-2 Donna, TX.
What is the asking price?
The asking price for this property is $3,647,170.
What are key features of this property?
This property features: - Long-term (15-year) lease with DaVita, a Fortune 500 company, providing stable income.; - Corporate guarantee from DaVita, Inc., a leading kidney care provider with a near $12 billion market cap.; - Double Net Lease structure minimizes landlord responsibilities for passive income.
More about this property
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