Colliers Healthcare Capital Markets, which has a financial interest in the property, is pleased to offer the opportunity to acquire the fee simple interest in a single tenant DaVita Dialysis clinic (“the Property’) located in Birmingham, Alabama. Comprised of 10,350 SF, the Property is operated by DaVita Dialysis. The lease features attractive economics with over five and a half years of term remaining, a true Absolute Net expense structure, and 2.0% annual increases. The property was fully renovated to suit for use by DaVita in 2010, and the entirely of the renovation was funded by DaVita at a cost of more that $1.1 Million. As a result, the rents are well below replacement cost at $3.70/SF for the lease year starting 1-Feb-2025. Additionally, DaVita structured a rare Absolute lease on the property making for a truly passive investment opportunity.