DaVita Kidney Care | 329 Merrimon Ave
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DaVita Kidney Care 329 Merrimon Ave
9,920 SF Retail Building Weaverville, NC 28787 $4,983,008 CAD ($502 CAD/SF) 7.53% Cap Rate
INVESTMENT HIGHLIGHTS
- Longstanding Dialysis Treatment Facility (Operating at location since 1999)
- Certificate of Need State C.O.N. Regulations in North Carolina Create Significant Barrier to Entry for New Facilities
- Recent Capital Improvements(Roof Replaced in 2019, Two of Three HVAC Units Replaced in 2024)
- Large Format Clinic (20 Stations Running Six Days/Week)
- Passive Double Net Lease Structure (Tenant Pays Taxes, Insurance and OpEx Directly)
- Located in Asheville MSA (5 Miles North of Downtown, Located on Business State Highway 19 | AADT 15,000+)
EXECUTIVE SUMMARY
Recent Capital Improvements(Roof Replaced in 2019, Two of Three HVAC Units Replaced in 2024).
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
9,920 SF
Building Class
C
Year Built
1999
Price
$4,983,008 CAD
Price Per SF
$502 CAD
Cap Rate
7.53%
NOI
$375,005 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.75 AC
Zoning
I-1
PROPERTY TAXES
| Parcel Number | 9732-81-4071-00000 | Improvements Assessment | $2,134,952 CAD |
| Land Assessment | $741,057 CAD | Total Assessment | $2,876,009 CAD |
PROPERTY TAXES
Parcel Number
9732-81-4071-00000
Land Assessment
$741,057 CAD
Improvements Assessment
$2,134,952 CAD
Total Assessment
$2,876,009 CAD
CONTACTS
-
Christopher Biuso -
Rory Shelby -
Scott Gould -
Caitlin Lancaster -
Marcus & Millichap
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DaVita Kidney Care | 329 Merrimon Ave
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