Single-Tenant Office Medical
DaVita Dialysis - Wilmington, OH
1675 Alex Dr, Wilmington, OH 45177
Listing Price: $1,175,000
Cap Rate
7.12%
Tenant Name
DaVita Dialysis
Years Remaining On Lease
3.4
Gross SF
5,963
Guarantor
Subsidiary of a Corporation
Rentable SF
5,963
Price/Gross SF
$197.05
Lease Type
Double Net
Rent Per Square Feet
$14.03
Investment Overview
New Roof Installed in 2021 Transferrable warranty for labor and materials Growing Medical Presence in Area $23 Million healthcare facility being constructed 1,200 feet from property on adjacent side of Rombach Ave.
Listing Price: $1,175,000
Cap Rate
7.12%
Tenant Name
DaVita Dialysis
Years Remaining On Lease
3.4
Gross SF
5,963
Guarantor
Subsidiary of a Corporation
Rentable SF
5,963
Price/Gross SF
$197.05
Lease Type
Double Net
Rent Per Square Feet
$14.03
Investment Highlights
- Recent Lease Extension Commences September 2023
- Annual Rental Increases Two percent increases through current term and option periods
- 22 Year Operating History Property has provided dialysis services since 2001
Investment Overview
New Roof Installed in 2021 Transferrable warranty for labor and materials Growing Medical Presence in Area $23 Million healthcare facility being constructed 1,200 feet from property on adjacent side of Rombach Ave.
