DaVita Medical
For Sale
Contact for pricing
1221 S Capitol Avenue, San Jose, CA 95127
Build-to-suit dialysis facility leased to DaVita under a corporately guaranteed long-term lease.
Property Size10,328 SF
Days on Market145
Property Features for 1221 S Capitol Avenue
General Information
Standard status
Active
Size
10,328 SF
Property subtype
Retail, Office
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2017
Buildings
1
Tenancy
Single
Listing Agency:
Colliers - San Diego - Carlsbad, California
Listed By:
Jay Patel · License #01512624
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 1:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - San Diego - Carlsbad, California
Investment Insights
Based on property information with market context.
This 2017 build-to-suit medical center contains 10,328 square feet configured for kidney dialysis services. The facility includes 24 patient stations and 1 private station in a separate room. It is 100% leased to DaVita under a new 15-year lease that began in September 2017, with a corporate guarantee from DaVita Inc. and scheduled 10% rent increases every five years during the primary term and option periods.
The property fronts Capitol Avenue, where traffic counts reach 70,000 VPD, and sits 2.3 miles east of US 101, reporting 248,000 VPD. The surrounding area includes dense residential neighborhoods and national retail tenants. The facility is also a few miles from the 247 bed Regional Medical Center, an HCA affiliate, and within a 5-mile population base exceeding 535,000 residents.
The property fronts Capitol Avenue, where traffic counts reach 70,000 VPD, and sits 2.3 miles east of US 101, reporting 248,000 VPD. The surrounding area includes dense residential neighborhoods and national retail tenants. The facility is also a few miles from the 247 bed Regional Medical Center, an HCA affiliate, and within a 5-mile population base exceeding 535,000 residents.
Key Highlights
- 10,328‑square‑foot dialysis facility completed in 2017
- 24 patient stations plus 1 private station in a separate room
- 100% leased to DaVita under a new 15‑year lease
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
686
Businesses Nearby
Explore this area
Business Placement
Demographics for 95127, CA
63,749
Population
16,823
Households
3.8
Avg Household Size
37
Median Age
27%
College-Educated
73%
High-School Grad
19.0 sq mi
ZIP Area
3,355
Density / Sq Mi
$120,548
Median Household Income
$45,348
Median Earnings
$2,549
Median Rent
$995,100
Median Home Value
Market
Vacancy Rate% for Office in San Jose, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Build-to-suit dialysis facility leased to DaVita under a corporately guaranteed long-term lease.
Where is this medical center located?
The property is located at 1221 S Capitol Avenue San Jose, CA.
What are key features of this property?
This property features: 10,328‑square‑foot dialysis facility completed in 2017; 24 patient stations plus 1 private station in a separate room; 100% leased to DaVita under a new 15‑year lease
