DaVita Kidney Care
Tenancy Type: National
Lease Type: NNN
Address: 413 E. Broadway Street
The Cooper Commercial Investment Group is pleased to announce the sale of the single-tenant, DaVita Dialysis location in Toledo, Ohio. DaVita opened for business (first quarter 2019) after a complete renovation on a new 15-year lease, now with 14 years of term remaining, which includes multiple rental increases throughout the term.
Dan Cooper, President and Broker of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the seller, a private investment group out of Florida. The private West Virginia buyers purchased the property for $1,554,000, representing a 6.20% CAP Rate and 97% of list price. The Cooper Commercial Investment Group looks forward to working with parties interested in selling or looking to acquire other similar commercial assets, and encourages you to contact them for a no obligation, evaluation of your commercial property. Visit them on line at www.CooperGrp.com for the most up-to-date listings and information, stay connected by, “Like” them on Facebook and follow them on Twitter @TheCooperGrp.