4679 W Spruce , Fresno, CA 93722
$7,899,000
Est. Payment: $39,887.63/mo
0 Bed
0 Bath
12960 Sqft
Status: active | Days on site: 41
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Lee & Associates is pleased to present the opportunity to acquire a purpose-built, single-tenant dialysis facility net-leased to DaVita Kidney Care (NYSE: DVA), one of the nation's leading kidney care providers, with over 2,650 U.S. centers, approximately 200,000 patients served, and $12.8B in 2024 consolidated revenue. Constructed in 2021, the 12,960-square-foot medical facility sits on a 1.53-acre parcel in northwest Fresno, near W. Herndon Avenue and N. Milburn Avenue with convenient regional access to State Route 99. The asset is 100% leased under an Absolute NNN structure, with the tenant responsible for real estate taxes, insurance, utilities, and day-to-day maintenance, providing a low-management investment with minimal landlord responsibility. The lease runs through July 6, 2036, with 10% contractual rent increases every five years and three five-year renewal options extending potential tenant control through July 2051. The facility benefits from exclusive dialysis use protection and expansion rights on adjacent premises, reinforcing its long-term operational commitment at this location. Surrounded by a dense, growing residential base, the property serves a trade area (ZIP 93722) with a population of over 86,000, median household income of $80,285, and a young median age of 32.3, supporting sustained demand for outpatient medical services. Fresno, the largest city in California's Central Valley, anchors a regional healthcare, agriculture, logistics, and employment hub with a city population of approximately 555,549 and a county population exceeding 1 million. This offering provides investors the opportunity to acquire a recession-resistant, healthcare-anchored asset with investment-grade tenancy, contractual income growth, and a long-term lease structure in one of California's fastest-growing inland markets.

Highlights

Listed by Elizabeth Brown , 760-241-5211 and Beniamin Kisliuk , 323-745-9450 Lee & Associates , 760-241-5211. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
1.53

Year Built

2021

County

Fresno

Area

FSNO - Fresno

Listing ID

HD26141992

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Other:Public

Exterior Features

Lot:Landscaped,No Land Lease
Principal Interest
$39,888
Taxes
$5,036

Home Price

$7,899,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$1,579,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$39,887.63

Principal

Taxes

Principal Taxes HOA Total
Monthly $39,887.63 $5,035.61 $0.00 $44,923.24
Yearly $478,651.59 $60,427.35 $0.00 $539,078.94
Total $14,359,547.56 $1,812,820.50 $0.00 $16,172,368.06

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Fresno, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-10T22:37:46.000Z

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