Offering Memorandum
Investment Sale
DaVita Dialysis
14752 Northline Rd
Southgate, Michigan
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
Multi-Tenant
7848 Mall Rd & 7852 Mall Rd
Florence, Kentucky
Smokey Bones: $1,909,492
BJ's Brewhouse: $2,218,333 | Smokey Bones: 7,200 SF
BJ's Brewhouse: 8,500 SF
Florence, Kentucky
Smokey Bones: $1,909,492
BJ's Brewhouse: $2,218,333 | Smokey Bones: 7,200 SF
BJ's Brewhouse: 8,500 SF
Multi-Tenant
11400-11500 Telegraph Rd
Taylor, Michigan
Unpriced | 83,964 SF
Taylor, Michigan
Unpriced | 83,964 SF
