DaVita Dialysis

Back to your search results

DaVita Dialysis

18544 8 Mile Rd Southfield MI Oakland County

Sales Price: $3,163,555

Cap Rate: 7.20%

Lease Expiration: May 3, 2027

Contact Person(s): Daniel H. Kukes
Kevin J. Baker
Maxwell E. Lippitt

Description:

STRONG CORPORATE GUARANTY

  • This lease is guaranteed by DaVita Inc., a Fortune 500 Company. DaVita provides services to dialysis patients at 2,510 outpatient clinics serving approximately 198,000 patients.

LONG TERM LEASE WITH INCREASES, MINIMAL LANDLORD RESPONSIBILITIES

  • The length and nature of the lease allows this offering to be an ideal 1031 exchange asset.

STRONG OPERATING HISTORY

  • DaVita has been at this location for 15+ years.

Building Size: 8,664 SF

Lot Size: 0.91 AC

Tenant Roster: DaVita Dialysis

Traffic Count: 8 Mile Rd - 113,000 CPD

Demographic Info:

Radius: 1 Mile 3 Mile 5 Mile
Population Density: 12,569 130,823 351,641
Avg. HH Income: $63,065 $58,025 $66,639

LANDMARK INVESTMENT SALES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.