DaVita Dialysis

CONTACT US REGARDING THIS LISTING

Douglas Passon

Managing Partner

Robert Bender

Managing Partner

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