Details
Davita in Greenville, MI
101 S Greenville West Dr, Greenville, MI
hIGHLIGHTS
Size:4,500 SF
Price:$1,271,979.00
CAP RATE:6.00%
NOI:$0.00
PROPERTY
OVERVIEw
DETAILS
InCommercial Property Group is pleased to offer a Davita Dialysis Clinic in Greenville, MI for $1,245,000. Davita has a long-term commitment to this location with a newly extended lease that runs through January 2027, followed by three (5-yr) option periods. The 4,500 SF 1-story building has a NNN lease structure. In the current term there are 5% annual rent increases. This well maintained Davita has a great location, strategically positioned approximately 1 mile from Spectrum Health United Hospital.
• $1,245,000 price
• 4,500 SF building total
• Cap Rate: 6.0 %
• Lease Structure: NNN (Landlord responsible for roof
and structure)
• Long-term Davita tenant (since 2012)
• Newly extended lease shows the tenant’s
commitment to the site
• Lease Expiration Date: 01/2027
• 1 mile from Spectrum Health United Hospital