Non-Income Tax State

Serving as a major benefit to the landlord, as of 2024, nine states: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming — levy no state income tax.

Corporately Guaranteed

The lease is backed by DaVita Inc., a Fortune 500 company and one of the nation’s largest kidney care providers. The corporate guaranty enhances credit quality and provides investors with additional security of income backed by a nationally recognized healthcare operator.

Established Demographic Base

The property is strategically positioned within Pearland’s established commercial corridor, surrounded by medical offices, retail, and service-oriented uses that drive consistent traffic. More than 79,000 residents live within a three-mile radius, providing a strong patient base that supports tenant performance and long-term investment stability.

Strong Operational Performance

DaVita has operated at this Pearland facility for over 9 years, delivering essential dialysis treatments multiple days per week. The specialized build-out and steady patient volume underscore the property’s role as a mission-critical healthcare location, supporting long-term tenant stability.