703 Main St Bridgeport, OH 43912-1315

This exceptional investment opportunity presents a fee-simple, 6,740 square foot medical office building in Bridgeport, Ohio, fully occupied by DaVita under a triple-net (NNN) lease. The property, built in 2019 on a 3.86-acre lot, boasts a 15-year lease (with three 5-year options) commencing April 26, 2019, and expiring April 30, 2034, leaving approximately 9.4 years remaining. The lease includes a corporate guarantee from DaVita, Inc., a leading global provider of dialysis services, and features a 10% rent increase every five years, ensuring consistent income growth. The current annual net operating income (NOI) is $174,229, representing a 6.00% cap rate on the asking price of $2,903,817. Strategically located at a signalized intersection on Main Street (Route 40), near the I-70 on-ramp, this property benefits from excellent visibility and accessibility. Its proximity to major hospitals, including East Ohio Regional Hospital and WVU Medicine Wheeling Hospital, further enhances its value and appeal. The strong demographics of the area, with an average household income of approximately $70,000 and a significant senior population, support the continued demand for healthcare services. This investment offers a compelling combination of long-term stability, predictable income growth, and a strong tenant in a recession-resistant industry. The global dialysis market's projected growth further underscores the long-term potential of this asset.