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DAVITA DIALYSIS - WEST BRANCH 599 Court St 5,600 SF Office Building West Branch, MI 48661 $1,324,575 ($236.53/SF) 7% Cap Rate
Investment Highlights
- 100% Occupied with Full Corporate Guarantee – DaVita, Inc. | Built-to-Suit Clinic for DaVita in 2011
- New Roof Installed June 2025 (~$40,000 Capital Investment)
- NN Lease Structure with Very Limited Landlord Responsibilities (Roof, Structure, and HVAC Replacement Only)
- Recent 5-Year Extension – Lease Now Runs Through January 31, 2032, Reflecting Strong Commitment to the Location
- Attractive 2.50% Annual Rental Increases, with Three-Five Year Renewal Options
- Limited Competition – Nearest Dialysis Provider Is Over 20 Miles Away
Executive Summary
The lease includes 2.50% annual rental increases and three, five-year renewal options. This investment opportunity offers a stable income stream backed by DaVita, a leading provider of kidney care with a strong national presence.
DaVita Inc. is a national leader in kidney care services, with over 2,600 locations across the United States. Known for its strong presence and unwavering commitment to high-quality dialysis care, DaVita offers investors a secure and reliable opportunity with a creditworthy tenant.
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
DaVita began as a subsidiary of Dun & Bradstreet in 1994, initially focusing on dialysis services. The company became independent through a leveraged buyout that same year and later rebranded as Total Renal Care Holdings. After facing financial difficulties in the late 1990s, Kent Thiry joined as CEO in 1999 and revitalized the organization. DaVita expanded significantly through acquisitions like Gambro Healthcare in 2005 and HealthCare Partners in 2012. Today, the company operates thousands of outpatient dialysis centers globally and provides various services including outpatient dialysis, lab services, home dialysis options, and disease management programs. DaVita remains committed to improving kidney care through clinical research and comprehensive patient services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Property Taxes
| Parcel Number | 052-660-015-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $455,600 |
Property Taxes
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DAVITA DIALYSIS - WEST BRANCH | 599 Court St
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