Shopping Strip
DaVita Dialysis Anchored - Williamstown Commons
103 Barnes Rd, Williamstown, KY 41097
Listing Price: $2,325,000
Investment Overview
Marcus & Millichap is pleased to present DaVita Williamstown Commons, a DaVita anchored
MedTail Strip located at 103 Barnes Road, Williamstown, Kentucky. It is a 16,385-square-foot,
94.2 percent occupied multi-tenant property built in 2008 with a unique, high-quality primarily
medical tenant mix. The major tenant, DaVita, occupies a third of the building and has a
credit rating of BB (S&P), they have annual 2 percent increases through the balance of the term
and also through the option periods. The remainder of the building is occupied by lite
medical tenants and other neighborhood service providers. The subject property rests on
approximately 2.34 acres and is positioned within less than a quarter-mile east of the
I-75 intersection, the major interstate connecting Cincinnati and Lexington.
DaVita Dialysis Anchored - Williamstown Commons
Investment Highlights
- 94.2 Percent Occupied Multi-Tenant MedTail Property Located Equidistant from Kentucky Side of Cincinnati and Lexington Servicing the Suburbs of those Cities
- 16,385 SF | +/- 2.34 Acres | Major Tenants Include DaVita, Children's Home of Northern Kentucky, Care Net Pregnancy Services, Subway, and American Killer Bees | Ecommerce & Recession Proof Tenant Mix
- Strong Anchor Tenant in DaVita, DaVita, Inc. Generated $11.62 Billion in Revenue Yielding it Over $978 Million in Net Income; it Holds a Ba2 Credit Rating with Moody's and BB Rating with S&P
- DaVita, Inc. is One of the Largest Kidney Care Companies in the World with a Network of 2,815 Outpatient Dialysis Clinics in 46 States Serving Over 200,000 Patients
- Staggered Lease Rollover | Opportunity to Acquire a Stable, Multi-Tenant Retail Strip with Medical & Credit Tenants at Near Full Occupancy
Exclusively Listed By
Broker of Record
Financing By
Shopping Strip
DaVita Dialysis Anchored - Williamstown Commons
Listing Price: $2,325,000
Investment Highlights
- 94.2 Percent Occupied Multi-Tenant MedTail Property Located Equidistant from Kentucky Side of Cincinnati and Lexington Servicing the Suburbs of those Cities
- 16,385 SF | +/- 2.34 Acres | Major Tenants Include DaVita, Children's Home of Northern Kentucky, Care Net Pregnancy Services, Subway, and American Killer Bees | Ecommerce & Recession Proof Tenant Mix
- Strong Anchor Tenant in DaVita, DaVita, Inc. Generated $11.62 Billion in Revenue Yielding it Over $978 Million in Net Income; it Holds a Ba2 Credit Rating with Moody's and BB Rating with S&P
- DaVita, Inc. is One of the Largest Kidney Care Companies in the World with a Network of 2,815 Outpatient Dialysis Clinics in 46 States Serving Over 200,000 Patients
- Staggered Lease Rollover | Opportunity to Acquire a Stable, Multi-Tenant Retail Strip with Medical & Credit Tenants at Near Full Occupancy
Investment Overview
Marcus & Millichap is pleased to present DaVita Williamstown Commons, a DaVita anchored MedTail Strip located at 103 Barnes Road, Williamstown, Kentucky. It is a 16,385-square-foot, 94.2 percent occupied multi-tenant property built in 2008 with a unique, high-quality primarily medical tenant mix. The major tenant, DaVita, occupies a third of the building and has a credit rating of BB (S&P), they have annual 2 percent increases through the balance of the term and also through the option periods. The remainder of the building is occupied by lite medical tenants and other neighborhood service providers. The subject property rests on approximately 2.34 acres and is positioned within less than a quarter-mile east of the I-75 intersection, the major interstate connecting Cincinnati and Lexington.
Exclusively Listed By
Broker of Record
Financing By
