Office Medical
DaVita Dialysis | Ashtabula Foot & Ankle Surgeons
1604 W 19th St, Ashtabula, OH 44004
Listing Price: $1,053,090
Investment Overview
Marcus & Millichap is proud to exclusively offer a two-tenant medical center, anchored by DaVita Dialysis. DaVita has been at the center since 1998, signed a 10-year extension in 2017, and offers 2% annual rental increases. The second tenant, Ashtabula Foot & Ankle Center has also been at the center since 1998 and signed a seven-year extension in 2020. Both tenants have low rent per square foot, making it a difficult location for the tenants to replace. The center is a prime location for medical tenants given its location near the hospital, medical centers, and senior living facilities.
DaVita Dialysis | Ashtabula Foot & Ankle Surgeons
Investment Highlights
- Two Tenant Medical Center Anchored by DaVita Dialysis
- High Volume DaVita Clinic | Open Monday Through Saturday | 16 Stations
- Long Operating History with Recent Extensions Showing Further Commitment to Site
- Subject Property has been Operating as a Dialysis Clinic Since 1998 & Signed a 10-Year Extension in 2017 | DaVita Included a ROFR on the Podiatrist Space in Their Extension
- Podiatry Tenant has been at this Location Since 1998 and Signed a 7-Year Extension in 2020
- Low Rent per Square Foot | Making it a Difficult Location for the Tenants to Replace
- Capital Expenditures | New Roof as of December 8. 2022 | Parking Lot Redone in 2018
Office Medical
DaVita Dialysis | Ashtabula Foot & Ankle Surgeons
Listing Price: $1,053,090
Investment Highlights
- Two Tenant Medical Center Anchored by DaVita Dialysis
- High Volume DaVita Clinic | Open Monday Through Saturday | 16 Stations
- Long Operating History with Recent Extensions Showing Further Commitment to Site
- Subject Property has been Operating as a Dialysis Clinic Since 1998 & Signed a 10-Year Extension in 2017 | DaVita Included a ROFR on the Podiatrist Space in Their Extension
- Podiatry Tenant has been at this Location Since 1998 and Signed a 7-Year Extension in 2020
- Low Rent per Square Foot | Making it a Difficult Location for the Tenants to Replace
- Capital Expenditures | New Roof as of December 8. 2022 | Parking Lot Redone in 2018
Investment Overview
Marcus & Millichap is proud to exclusively offer a two-tenant medical center, anchored by DaVita Dialysis. DaVita has been at the center since 1998, signed a 10-year extension in 2017, and offers 2% annual rental increases. The second tenant, Ashtabula Foot & Ankle Center has also been at the center since 1998 and signed a seven-year extension in 2020. Both tenants have low rent per square foot, making it a difficult location for the tenants to replace. The center is a prime location for medical tenants given its location near the hospital, medical centers, and senior living facilities.
