The Offering presents the opportunity to acquire a newly constructed, freestanding DaVita Dialysis located at 5820 Road 68 in Pasco, Washington. Built in 2025, the 11,500-square-foot asset is leased to DaVita with over 13 years of primary term remaining through March 31, 2040. The lease features 8% rental increases every five years, beginning in 2030, providing consistent, contractual income growth throughout the initial term and each of the three, five-year renewal options.
The Property provides investors with durable healthcare real estate backed by one of the nation’s largest dialysis operators. Positioned just off Road 68, the Property benefits from significant surrounding development, including the newly delivered 35,000-square-foot Columbia Basin Health Association Center, reinforcing the area’s continued expansion and long-term demand for healthcare services. The Property is located within the Sandifur Crossing Shopping Center, which draws approximately 2.2 million annual visits, according to Placer.ai.
Sean Mack
Northmarq
