Single-Tenant Office Medical
DaVita Dialysis Giles County
377 Boxwood Ln, Pearisburg, VA 24134
Listing Price: $1,840,000
Investment Overview
The property is situated as an outparcel to the area's 25-bed critical care community hospital, and has three years remaining on a recently extended double-net lease with two percent annual rent increases. There are 13 hemodialysis stations on-site as well as peritoneal "at home" dialysis services. Pearisburg is part of the Blacksburg-Christiansburg,. VA MSA which has a population of 182,000 and has seen +12% population growth since the 2010 census.
Investment Highlights
- DaVita Dialysis Double-Net Lease with 3 Years Remaining in Pearisburg, VA
- 2% Annual Rent Increases
- Outparcel to Carilion Giles Community Hospital – 25-Bed Critical Access Hospital with Trauma, Surgery, 24-Hr ER, Imaging, and More
- Above-Average Medicare Quality Total Score of 82 (National Avg = 64); 4 out of 5 Star Rating
- 13 Hemodialysis Stations On-Site + At Home Hemodialysis and Peritoneal Dialysis Services
- Zero Competition - Only Dialysis Clinic in Giles County, VA; Next Nearest Dialysis Clinic is a 30-40-Minute Drive
- Modern 2013 Build-to-Suit Construction; Stone & Masonry Exterior with Standing Seam Steel Roof
Listing Price: $1,840,000
Investment Highlights
- DaVita Dialysis Double-Net Lease with 3 Years Remaining in Pearisburg, VA
- 2% Annual Rent Increases
- Outparcel to Carilion Giles Community Hospital – 25-Bed Critical Access Hospital with Trauma, Surgery, 24-Hr ER, Imaging, and More
- Above-Average Medicare Quality Total Score of 82 (National Avg = 64); 4 out of 5 Star Rating
- 13 Hemodialysis Stations On-Site + At Home Hemodialysis and Peritoneal Dialysis Services
- Zero Competition - Only Dialysis Clinic in Giles County, VA; Next Nearest Dialysis Clinic is a 30-40-Minute Drive
- Modern 2013 Build-to-Suit Construction; Stone & Masonry Exterior with Standing Seam Steel Roof
Investment Overview
The property is situated as an outparcel to the area's 25-bed critical care community hospital, and has three years remaining on a recently extended double-net lease with two percent annual rent increases. There are 13 hemodialysis stations on-site as well as peritoneal "at home" dialysis services. Pearisburg is part of the Blacksburg-Christiansburg,. VA MSA which has a population of 182,000 and has seen +12% population growth since the 2010 census.

