Coldwell Banker Commercial is pleased to present 4223 Anaheim Street, Long Beach, California, a

single-tenant, build-to-suit dialysis facility leased to DaVita, Inc. This state-of-the-art medical

asset was completed in 2020 and is strategically positioned within a dense healthcare corridor,

directly serving a strong and growing patient base.

The two-story facility is thoughtfully designed to accommodate both operational efficiency and

patient care. The first floor is dedicated to administrative and employee functions, while the

second floor houses the clinical operations, including 24 patient stations and three private

treatment rooms. The layout reflects modern dialysis facility standards, providing a high-quality

treatment environment.

This investment is secured by a long-term lease with approximately 9 years remaining on the

original 15-year term, along with two (2) five-year renewal options. The lease features rare 2.5%

annual rent escalations, offering consistent and predictable income growth over the hold period.

The lease is backed by a corporate guaranty from DaVita, Inc., a national leader in dialysis

services with annual revenues exceeding $11.5 billion and credit ratings of BB (S&P) and Ba3

(Moody’s). DaVita operates over 2,700 locations nationwide and provides care to more than 200,000

patients annually, reinforcing the stability and reliability of the tenant.

Healthcare real estate, particularly dialysis clinics, has historically demonstrated strong

recession resistance due to the non-discretionary nature of medical ser-vices.

The property benefits from a highly visible infill location at the signalized intersection of East

Anaheim Street and Bennett Avenue, with traffic counts of approximately 30,000 vehicles per day.

It is centrally located near major healthcare providers, including the VA Long Beach Healthcare

System, Dignity Health St. Mary Medical Center, and Long Beach Memorial Medical Center, creating

strong referral synergies.

Additionally, the site offers excellent regional accessibility, located less than 3 miles from Long

Beach Airport and approximately 22 miles from Los Angeles Inter-national Airport. Positioned within

the Los Angeles MSA—one of the largest and most dynamic economic regions in the country—the asset

benefits from a diverse and resilient economic base, with healthcare playing a significant and

growing role.

The surrounding demographics further support long-term performance, with over 460,000 residents

within a 5-mile radius and average household incomes exceeding $106,000 within a 1-mile radius.

The combination of strong population density, favorable income levels, and a healthcare-driven

location makes this an

exceptional net-leased investment opportunity.