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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.

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

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Single-Tenant Office Medical

DaVita Dialysis - Wilmington, OH

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.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

Financing By

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