DaVita Dialysis
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PROPERTY ADDRESS
31470 ECORSE ROAD, ROMULUS, MI 48174
PROPERTY INFORMATION
Price:
$2,566,667
Cap Rate:
6.0%
Term Remaining:
12+ years Years
Year Built:
1998
INVESTMENT HIGHLIGHTS
- Recently Extended DaVita Dialysis in Romulus, MI | 20 Miles Southwest of Detroit
- 12+ Years Remaining on a NN Lease | Limited Landlord Responsibilities
- Corporate Guaranty | New York Stock Exchange (NYSE): DVA | $10.8 Billion in Revenue (2017)
- Tenant Demonstrates Commitment | Near 20 Year Operating History
- Significant Capital Entering Romulus Market | More Than $400 Million in Active Industrial Development Permits | New Amazon Fulfillment Center and Penske Logistics Warehouse
- 5 Mile Population Exceeds 165,000 Residents
- 1 Mile Median Home Value Exceeds $89,000