Single-Tenant Office Medical
DaVita Dialysis
805 Old Mill St, Tuscaloosa, AL 35401
Listing Price: $2,193,900
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.
Investment Highlights
- Nearly 10 Years of Term Remaining on a DaVita Dialysis Double Net Lease
- DaVita Renewed Two Years Early for an Additional Eight Years Furthering Their Commitment to the Site
- Long Operating History | Dialysis Center Since 1993 | DaVita has Operated at this Location Since 2007
- Located Within a Certificate of Needs State | Limits Competition
- Near Multiple Hospitals (900 Beds) and Over 14 Assisted Living/Nursing Home Facilities
Broker of Record
Financing By
Listing Price: $2,193,900
Investment Highlights
- Nearly 10 Years of Term Remaining on a DaVita Dialysis Double Net Lease
- DaVita Renewed Two Years Early for an Additional Eight Years Furthering Their Commitment to the Site
- Long Operating History | Dialysis Center Since 1993 | DaVita has Operated at this Location Since 2007
- Located Within a Certificate of Needs State | Limits Competition
- Near Multiple Hospitals (900 Beds) and Over 14 Assisted Living/Nursing Home Facilities
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.
Broker of Record
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Eddie Greenhalgh
Senior Vice President Investments
Financing By

