Details

Davita in Greenville, MI

101 S Greenville West Dr, Greenville, MI

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hIGHLIGHTS

Size:4,500 SF

Price:$1,450,000.00

CAP RATE:5.00%

NOI:$0.00

PROPERTY
OVERVIEw

DETAILS

InCommercial Property Group is pleased to offer a Davita Dialysis Clinic in Greenville, MI for $1,450,000. 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.

• $1,450,000 price
• 4,500 SF building total
• Cap Rate: 5.00 %
• 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

Location

Contact

Sam Derse

Executive Vice President, Brokerage

(773) 263-2531

Sam@in-commercial.com