Listing Summary
Single-tenant DaVita Dialysis Center NNN investment in Mena, AR. $1,221,300 price, 7.00% cap rate, $85,491 NOI with 2% annual bumps. Recent $150K tenant remodel.
Full Description
Single-Tenant DaVita Dialysis Center Investment | Mena, AR
An exceptional opportunity to acquire a prime, recession-resistant healthcare real estate asset located in Mena, Arkansas. Offered at $1,221,300, this 4,956 SF Class A medical facility is 100% leased to DaVita Dialysis (Mena Dialysis Center, LLC). Generating a stable $85,491 annual Net Operating Income (NOI) at an attractive 7.00% cap rate, this property offers an income-focused investor long-term security backed by essential medical services, contractual annual rent growth, and a passive net-lease structure.
Investment Specifications & Financial Summary
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Purchase Price: $1,221,300
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Cap Rate: 7.00%
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Annual NOI: $85,491
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Tenant: DaVita Dialysis (Mena Dialysis Center, LLC)
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Building Size: 4,956 SF (Class A Medical Office/Retail)
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Lot Size: 0.51 Acres
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Year Built: 2007
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Occupancy: 100% Single-Tenant
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Lease Structure: Double Net (NN) — Tenant reimburses Taxes, Insurance, CAM, and Parking Lot Maintenance; Landlord responsibilities are limited to Roof, Structure, and HVAC replacement.
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Lease Escalations: 2% Annual Rent Bumps
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Remaining Lease Term: 6+ Years (Expiration: September 26, 2032)
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Renewal Options: Three (3) additional 5-year renewal options
Strong Tenant Commitment & Healthcare Fundamentals
DaVita Inc. is one of the nation’s leading kidney care providers, operating over 2,700 locations nationwide. The tenant has established a deep 15+ year operational history at this location, recently demonstrating its strong commitment to the site:
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Early Lease Renewal: The tenant recently executed an early lease extension, locking in firm tenancy through September 2032.
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$150,000 Recent Tenant Renovation: In January 2026, DaVita invested ~$150,000 of its own capital into facility upgrades and interior renovations, significantly improving the asset and signaling long-term operational dedication.
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Certificate of Need (CON) Market Protection: Arkansas is a Certificate of Need (CON) state for healthcare facilities, creating substantial regulatory barriers to entry for competing dialysis centers in the immediate submarket.
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Recession-Resistant Demand: Outpatient dialysis is a life-sustaining medical necessity, insulating revenue from broader macroeconomic fluctuations.
Strategic Location & Submarket Drivers
The facility is ideally positioned within Mena’s primary commercial and healthcare district, enjoying high visibility and synergy with surrounding regional anchors:
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Proximity to Regional Health Systems: Located near Mena Regional Health System, allowing seamless patient referral networks and physician convenience.
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National Retail Synergy: Surrounded by top national brands driving steady daily traffic to the corridor, including Walmart Supercenter, Walgreens, McDonald’s, and Wendy’s.
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Excellent Physical Condition: Built in 2007, the asset has been meticulously maintained with recent HVAC improvements, minimizing potential near-term capital expenditure requirements for a new owner.
Key Investment Highlights
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7.00% Cap Rate delivering $85,491 in durable annual NOI.
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Essential Medical Tenant backed by DaVita's massive national healthcare footprint.
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Built-In 2% Annual Rent Escalations providing an automatic hedge against inflation.
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Recent $150K Capital Investment executed directly by the tenant in early 2026.
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CON State Protection restricting competitive healthcare development in the submarket.
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Passive NN Lease Structure with minimal landlord management requirements.
Quick Glance
- Listing ID:
CL-Arkansas-28362
- Status:
Active
- Year Build:
2007
- Building Size:
4,956 SqFt
- Lot Size:
0.51 Acr
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