Offering Memorandum

Investment Sale

DaVita Dialysis

14752 Northline Rd
Southgate, Michigan

eCode:014i

Sales Price

$6,206,380

NOI

$310,319

Cap Rate

5.00%

Lease Expiration

6/30/2032

Building Size

14,252 SF

Lot Size

2.75 AC

Year Built

1993

Traffic Count

Northline Rd (22,292 CPD)
Dix Toledo Rd (21,452 CPD)

Highlights

  • Corporate Guaranty
  • Long Standing Tenant History
  • Rare 2.00% Rental Increases Throughout Lease Term
  • NN Lease
  • Long Standing Nephrology Clinic
  • Excellent Access/Visibility

Radius 1 mile 3 mile 5 mile
Population Density 15,903 125,291 246,715
Household Income $74,670 $73,248 $69,677
Daytime Pop 3,705 38,400 76,898

SIMILAR PROPERTIES

Single-Tenant
28805 Mound Rd
Warren, Michigan

$1,410,769 | 2,178 SF
Multi-Tenant
3309-3139 Oak View Dr
Omaha, Nebraska

Unpriced | 91,350 SF
Single-Tenant
7852 Mall Rd
Florence, Kentucky

$2,218,333 | 8,500 SF
Multi-Tenant
3360-3378 Washtenaw Ave
Ann Arbor, Michigan

$2,726,526 | 9,275 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement