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DAVITA DIALYSIS - WEST BRANCH 599 Court St 5,600 SF Office Building West Branch, MI 48661 $1,847,120 CAD ($329.84 CAD/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
Cook Commercial Partners are pleased to present the DaVita Dialysis – West Branch clinic located in West Branch, Michigan. This single-tenant, 5,600-square-foot facility was built-to-suit for DaVita in 2011. The property is 100% occupied with just under six years of term remaining. DaVita has recently executed a 5-year renewal extension reflecting a strong commitment to the location.
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.
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
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,600 SF
Building Class
C
Year Built/Renovated
2011/2022
Price
$1,847,120 CAD
Price Per SF
$329.84 CAD
Cap Rate
7%
NOI
$129,298 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,600 SF
Building FAR
0.05
Lot Size
2.42 AC
Opportunity Zone
Yes
Parking
30 Spaces (5.36 Spaces per 1,000 SF Leased)
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 was established in 1992 and has become a major provider of kidney dialysis services. The company operates thousands of outpatient dialysis centers globally. Services include in-center hemodialysis, peritoneal dialysis, and home dialysis options. DaVita also provides integrated kidney care programs and clinical research services. The company serves hundreds of thousands of patients annually through its network of facilities in the United States and multiple other countries.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 052-660-015-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $634,059 CAD |
Property Taxes
Parcel Number
052-660-015-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$634,059 CAD
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DAVITA DIALYSIS - WEST BRANCH | 599 Court St
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