Investment Overview

Marcus & Millichap is pleased to present a DaVita Dialysis with nearly 10 years of term remaining and a new eight-year extension of a double net lease. DaVita has operated at this location since 2007 and continues to further its commitment to the site. The lease offers 1.75% annual increases through the base term of the extension. This highly active, high-volume clinic is located close to multiple hospitals with over 900 Beds combined and near 14 nursing/assisted living facilities. The area is also heavily populated with over 119,000 people living within five miles. Located in a certificate of need state there is limited competition. The property has been a dialysis center since 1993 with a full gut renovation. DaVita took over the property in 2007 and completed an interior renovation in 2013.