4679 W Spruce Fresno, CA 93722

Building Details

Year Built

2021

Listing agency Lee & Associates e***@lee-associates.com Show Phone

Listed by Elizabeth Brown · License #01382494

Source Xome

Added: Jun 27 Updated: Jul 23 at 2:07AM Checked: Jul 23 at 4:26AM

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Investment Insights

Based on property information with market context.

This purpose-built, single-tenant dialysis facility was constructed in 2021 and is net-leased on an absolute NNN basis. The property is currently 100% leased to DaVita Kidney Care, with the tenant responsible for real estate taxes, insurance, utilities, and day-to-day maintenance.

The facility comprises 12,960 square feet on a 1.53-acre parcel. It is located in northwest Fresno near W. Herndon Avenue and N. Milburn Avenue, with convenient regional access to State Route 99.

The lease runs through July 6, 2036, with 10% contractual rent increases every five years and three five-year renewal options, extending tenant control through July 2051. The facility includes exclusive dialysis use protection and expansion rights on adjacent premises.

Key Highlights

• Purpose‑built 12,960 SF single‑tenant dialysis facility constructed in 2021
• 100% leased to DaVita Kidney Care under an Absolute NNN structure
• Lease term runs through July 6, 2036, with 10% contractual rent increases every five years

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FAQs

What type of property is this?

Medical center - Purpose-built dialysis facility constructed in 2021 and 100% net-leased on an absolute NNN basis.

Where is this medical center located?

The property is located at 4679 W Spruce Fresno, CA.

What is the asking price?

The asking price for this property is $7,899,000.

What are key features of this property?

This property features: Purpose‑built 12,960 SF single‑tenant dialysis facility constructed in 2021; 100% leased to DaVita Kidney Care under an Absolute NNN structure; Lease term runs through July 6, 2036, with 10% contractual rent increases every five years