Entity Owned Property summary
This exceptional investment opportunity presents a fee-simple, single-tenant medical office building totaling 10,300 square feet, situated on a 1.5-acre lot in Edison, New Jersey. The property is 100% occupied by DaVita, a publicly traded company (NYSE: DVA), under a net lease with a corporate guarantee. The lease features a substantial remaining term of 6.3 years, expiring February 28, 2031, and includes three five-year renewal options. Rent bumps are built in, with a 5% increase scheduled… for February 28, 2026, and subsequent 10% increases in each option period. The property boasts a strong 6.24% cap rate based on a current Net Operating Income (NOI) of $221,450. Built in 1970 and renovated in 2002, the single-story building benefits from a new roof installed in 2018 at a cost of $130,000. Located at 29 Meridian Rd, Edison, NJ 08820, this asset is strategically positioned in a high-income demographic area, approximately 50 miles southwest of New York City, with over 356,000 households within a 5-mile radius and a 2-mile average household income of $158,881. The asking price for this exceptional investment is $3,550,000.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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