About the Tenant: (NYSE: DVA)
DaVita, Inc. (DVA) was founded in 1994 and is a leading provider of dialysis services in the United States. The company specializes in the treatment of patients with chronic kidney failure and end-stage renal disease. DVA also operates DaVita Rx, a pharmacy that provides oral medications to patients with end-stage renal disease. As of June 30, 2017, DaVita Kidney Care operated or provided administrative services at 2,445 outpatient dialysis centers located in the United States, serving nearly 200,000 patients. The company also operated 217 outpatient dialysis centers located in 11 countries outside of the United States. DVA is headquartered in Denver, Colorado and employs more than 50,000 team members. As of December 2016, DVA had total revenues of $14.7 Billion, net income of $880 Million, and total equity of $4.6 Billion.
400 North Lindbergh Boulevard, Creve Coeur, MO
Creve Coeur, MO is located 14 miles west of St. Louis, which is the 20th largest metropolitan area in the nation. St. Louis has long been a national leader in both healthcare and medical/life sciences research. Additionally, there are nine FORTUNE 500 companies headquartered in St. Louis, including: Emerson, Monsanto, and Express Scripts Holding.
The property is located on highway 67 with access to both interstate 270 and 64: major thoroughfares in and around St. Louis. The surrounding area includes multiple retailers, restaurants, banks and medical providers, including Mercy Children’s Hospital of St. Louis and Mosanto’s corporate headquarters.