615 Harrison Ave - DaVita Dialysis 5,460 SF Health Care Building Offered at $2,896,032 CAD at a 6.75% Cap Rate in Rockford, IL 61104

The Boulder Group is pleased to exclusively market for sale a single tenant net leased DaVita Dialysis property located in Rockford, Illinois. DaVita has been successfully operating from this location since the completion of construction in 2022. DaVita is operating on a long-term lease through March 2037. The lease features 10% rental escalations throughout the primary term and three 5-year renewal options. DaVita is e-commerce and recession resistant tenant.
The 5,460 square-foot property bene?ts from its position near the signalized intersection of Harrison Avenue and Kishwaukee Street, which experience a combined 28,100 vehicles per day. The subject property draws from a dense surrounding population, with over 133,000 residents living within a ?ve-mile radius. Situated in the core of Rockford’s manufacturing and distribution corridor, the property bene?ts from proximity to major employers that attract hundreds of daily workers, generating consistent and reliable traffic throughout the week. Furthermore, the property bene?ts from limited dialysis competition in the immediate area, reinforcing its role as a primary care destination for the surrounding community in Rockford — the third largest city in Illinois.
DaVita Inc. (NYSE: DVA), headquartered in Denver, Colorado, is a leading global healthcare provider specializing in kidney care, particularly dialysis services for patients with chronic kidney failure and end-stage renal disease. As one of the largest operators in the industry, the company serves approximately 295,000 patients across more than 3,200 outpatient dialysis centers worldwide as of 2026, including over 2,650 centers in the United States and additional facilities in 14 other countries. Founded in its current form in 2000 (with roots dating back to 1994), DaVita—meaning “to give life” in Italian—focuses on delivering comprehensive, innovative, and patient-centered care throughout the kidney disease journey, from early detection and slowing disease progression to in-center and home dialysis, transplantation support, and acute care. Recognized for clinical quality leadership over 25 years, DaVita maintains a strong commitment to improving patient outcomes, equity in care, and operational excellence as a publicly traded Fortune 500 company.