Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
2049 East Shelby Drive
Memphis, TN 38116
Asking Price
$2.08M
Cap Rate
7.5%
Asset Type
Storefront Retail
Class
Class B
What's Special
Retail | 7.50% CAP | 7,120 SqFt <ul><li>Ten (10) year NN Lease with limited landlord responsibilities</li><li>This DaVita lease is corporately guaranteed by DaVita, Inc. DaVita is the largest kidney dialysis provider in the US, commanding 37% market share</li><li>Recent lease extension demonstrates commitment to site</li><li>Essential Dialysis Facility Providing Critical, Recession-Resistant Healthcare Services</li><li>DaVita Inc. is a publicly traded company (NYSE: DVA), ranked #331 on the Fortune 500 with $13.6 billion
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
3.84%
DSCR
0.65
Underwater
Cash-on-Cash
-6.98%
Monthly Payment
$10,295.85
Annual Cash Flow
$-43,550.206
