Los Angeles, CA – Avison Young announced today it has completed the $8.1 million portfolio sale of three single-tenant properties occupied by DaVita Dialysis located in the Dallas metropolitan area. The portfolio is comprised of three locations – DaVita North in Plano, DaVita East in Garland, and DaVita Central in Dallas.

Avison Young Principal Patrick Barnes who is based in the company’s downtown Los Angeles office, represented the seller, a private investor from California. The buyer was a private investor from Dallas represented by Christopher Goodman-Triolo of NLF Advisors.

“This portfolio offered an investor zero landlord responsibilities and a stable tenant with corporate guaranteed leases in place,” said Barnes. “Well-located, single-tenant medical assets leased by nationally recognized brands such as DaVita are highly coveted and because of that, this offering received considerable investor interest.”

Following is information on each property:

• 481 Shiloh Road, Plano – This 8,436-square-foot (sf) property was built in 2008 and is situated on 1.29 acres. It is a half mile from Methodist Richardson Hospital and is adjacent to a senior living home.
• 776 E. Centerville Road, Garland – This 7,400-sf building was built in 1992 and is situated on .8 acres. It is within a major commercial corridor and is within a 100 percent occupied shopping center.
• 805-815 Beckley Avenue, Dallas – This 7,954-sf property was built in 2007 and is situated on 1.29 acres. It is within a densely populated area and is .8 miles from Methodist Dallas Medical Center.

DaVita Healthcare Partners, Inc. DaVita (S&P: BB) is ranked #181 of Fortune 500 company in 2017 that provides a variety of healthcare services to over 1.7 million patients nationwide throughout its operating divisions including dialysis.