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Taylor Ave Huntingdon, TN 38344

Sponsored
For Sale
$2,201,769

DaVita-Leased Medical Office Building, TN

Property size:
6,464 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a fee-simple interest in a brand-new, single-tenant medical office building located in Huntingdon, Tennessee. The 6,464 square-foot building, constructed in 2022 on a 2.94-acre lot, is 100% occupied by DaVita, Inc. under a 15-year net lease with a corporate guarantee. The lease commenced July 11, 2022, and includes 10% rent bumps every five years and three five-year renewal options, extending the lease to 2037. The property boasts a strong 6.45% cap rate and a substantial net operating income (NOI) of $142,014. Situated on Taylor Ave, the building benefits from high visibility and traffic counts, serving a population of approximately 15,000 within a ten-mile radius, with an average household income exceeding $68,000 annually. Built to DaVita's exact specifications, this state-of-the-art facility represents a secure, long-term investment in a growing industry, offering significant protection against macroeconomic fluctuations. The asking price is $2,201,769, translating to $340.62 per square foot. This property is a prime example of a passive income investment with built-in rent growth and a strong tenant. The property is a one-story building.

Property Features for 0 Taylor Ave

General Information

Property type
Medical offices
Square Feet
6,464 SF
Lot Size
128,066 SF

Building Details

Year Built
2022
Buildings
1
Stories
1

HighLights

  • No early termination options for tenant.
  • Tenant is a leading operator in its industry.
  • Strong financial guarantee from the tenant.
  • Investment in a recession‑resistant industry.
  • Property features a new, modern design.
  • Long‑term lease with built‑in rent increases.
Property Profile Location Intelligence

Current Use by Public Records

Medical offices

Map

City
Huntingdon
County
Carroll
State
Tennessee
Longitude
-88.4178249
Latitude
36.0030889

FAQs

What type of property is this?
Medical office - DaVita-Leased Medical Office Building, TN
Where is this medical office located?
The property is located at Taylor Ave Huntingdon, TN.
What is the asking price?
The asking price for this property is $2,201,769.
What are key features of this property?
This property features: No early termination options for tenant.; Tenant is a leading operator in its industry.; Strong financial guarantee from the tenant.
More about this property
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