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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
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- 5,600 SF
- $16.56
- Double Net
- Jan 2032
DaVita traces its roots to a kidney care business founded in 1992 and later known as Total Renal Care before adopting the DaVita name in 2000. DaVita now focuses on dialysis services, kidney health education, and support for people living with chronic kidney disease and end-stage kidney disease. DaVita also operates business lines in integrated kidney care, clinical research, physician solutions, and venture investing, reflecting a broader platform built around kidney care and related health services. The company serves patients through a wide U.S. network and also maintains an international presence outside the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | 5,600 SF | $16.56 | Double Net | Jan 2032 |
Property Taxes
| Parcel Number | 052-660-015-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $455,600 |
Property Taxes
Presented by
DAVITA DIALYSIS - WEST BRANCH | 599 Court St
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