Tenant

• Corporate Guarantee – The DaVita Dialysis lease is backed by a corporate guarantee from DaVita, Inc. (S&P: “BB”), a Fortune 500® company and the leading provider of kidney care in the United States.
• Leading Tenant – Over 3,000 outpatient dialysis centers which serve more than 250,000 patients in the US and abroad. This offering provides an investor with the opportunity to acquire a property containing a leading national medical tenant with a resilient business model.
• Rapid Growth of the Dialysis Market – The global dialysis market is projected to reach $138.7 billion by 2030, growing at a compound annual growth rate of 5.1%.
• Military Hub – Proximity to Joint Base McGuire-Dix-Lakehurst, New Jersey’s largest military base with over 42,000 active-duty service members.

Lease & Location

• Synergy in Growing Healthcare Market – Located across from Deborah Heart and Lung Center, the community hospital that underwent a $108M expansion in 2022, the tenant is strategically positioned to benefit from enhanced medical synergy and growing patient demand.
• Core Retail Location – The property is centrally located in Browns Mills, positioned on a prime hard-corner intersection directly across from 160,000 SF of retail at Pine Grove Plaza.
• Strong Hours of Operation – This clinic operates approximately 16 chairs, 6 days a week from 5:00AM – 6:00PM, indicating strong patient demand and occupancy levels.
• Sole Dialysis Clinic in Brown Mills – This DaVita serves as the exclusive dialysis provider in the entire market, highlighting its essential role in the community.
• Passive Lease Structure – Landlord responsibilities limited to Roof and Exterior Structure. Tenant reimburses landlord for replacement of those items, offering a passive investment with low maintenance.