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DaVita NNN Dialysis Property
For Sale
Contact for pricing
Pending

1602 Main St, Tell City, IN 47586

NN lease structure limits landlord duties to roof, structure, and parking lot maintenance.

Property SizeContact for details
Days on Market142

Property Features for 1602 Main St

General Information

Standard status Pending
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Susan Harris · License #CA 01291642
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 5:10PM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

This fee-simple property combines land and building ownership with an NN lease supporting a DaVita dialysis center. The current lease has 7 years remaining, includes 2 (5-year) extension options, and provides 2% yearly rental increases during both the initial term and option periods. Landlord responsibilities are limited to the roof, structure, and parking lot. DaVita, Inc. is publicly traded with an S&P rating of BB, more than 2,800 locations, and 67,000 employees worldwide.

The center occupies the hard corner of Steuben St and Main St in Tell City, IN, where traffic volume is reported at 16,200 VPD. A large pylon sign sits directly at the corner. The property is less than 3 miles from Perry County Memorial Hospital, the largest medical facility in Perry County, IN. The surrounding 5-mile trade area includes over 13,800 residents and 8,100 employees, with average household income of $72,800. Nearby national and credit tenants include Walmart, CVS, AT&T, Tractor Supply Co, O’Reilly Auto Parts, and McDonald’s.

Key Highlights

  • DaVita NN lease with 7 years remaining and 2 (5‑year) extension options
  • 2% yearly rental increases apply during the lease term and option periods
  • Landlord responsibilities limited to roof, structure, and parking lot maintenance

Property Analytics

Current Use

Medical centers

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Butcher Home Appliance Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby

Demographics for 47586, IN

11,027
Population
5,197
Households
2.1
Avg Household Size
44
Median Age
18%
College-Educated
93%
High-School Grad
97.0 sq mi
ZIP Area
114
Density / Sq Mi
$58,641
Median Household Income
$43,035
Median Earnings
$665
Median Rent
$137,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
NNN property - NN lease structure limits landlord duties to roof, structure, and parking lot maintenance.
Where is this nnn property located?
The property is located at 1602 Main St Tell City, IN.
What are key features of this property?
This property features: DaVita NN lease with 7 years remaining and 2 (5‑year) extension options; 2% yearly rental increases apply during the lease term and option periods; Landlord responsibilities limited to roof, structure, and parking lot maintenance
More about this property
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