4679 W Spruce Ave, Fresno, CA

Name: 4679 W Spruce Ave, For Sale in Fresno - eXp Realty
Brand: Lee & Associates
SKU: HD26141992
Price: 7899000 USD

House

For Sale

Listed price in listed location currency (USD).

$7,899,000

000

MLS® HD26141992

Key Facts
Description
Map

Key Facts

Type Office

Levels Commercial Sale

Size -

Garage

Taxes

Days Active 0

Lot Size 1.53 Acres

Approx. Age 2021

MLS® Number HD26141992

Property Address: 4679 W Spruce Ave, Fresno, CA, 93722-8425

Average square foot calculated using Size range provided by listing agent.

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.

MLS® NumberHD26141992

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2021

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 30, 2026List Date

$7,899,000List Price

Commute

Commute

Starting Address

Destination Address

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