599 Court St - Medical FOR SALE


West Branch, MI 48661
$1,374,000 USD
714-356-2682
599 Court St, West Branch, MI for Sale
$1,374,000 USD
Medical - FOR SALE
1/11
null | 6.75% Cap Rate

599 Court St
West Branch, MI 48661


HIGHLIGHTS

  • 100% Occupied with Full Corporate Guarantee – DaVita, Inc. | Built-to-Suit Clinic for DaVita in 2011
  • Recent 5-Year Extension – Lease Now Runs Through January 31, 2032, Reflecting Strong Commitment to the Location
  • New Roof Installed June 2025 (~$40,000 Capital Investment)
  • Attractive 2.50% Annual Rental Increases, with Three-Five Year Renewal Options
  • NN Lease Structure with Very Limited Landlord Responsibilities (Roof, Structure, and HVAC Replacement Only)
  • Limited Competition – Nearest Dialysis Provider Is Over 20 Miles Away

OVERVIEW

Cook Commercial Partners are pleased to present the DaVita Dialysis – West Branch clinic located in West Branch, Michigan. This single-tenant, 5,600-square-foot facility was built-to-suit for DaVita in 2011. The property is 100% occupied with just under six years of term remaining. DaVita has recently executed a 5-year renewal extension reflecting a strong commitment to the location. The lease includes 2.50% annual rental increases and three, five-year renewal options. This investment opportunity offers a stable income stream backed by DaVita, a leading provider of kidney care with a strong national presence. DaVita Inc. is a national leader in kidney care services, with over 2,600 locations across the United States. Known for its strong presence and unwavering commitment to high-quality dialysis care, DaVita offers investors a secure and reliable opportunity with a creditworthy tenant.

FOR SALE DETAILS

PRICE

$1,374,000 USD

PRICE/SF

$245 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DAVITA DIALYSIS - WEST BRANCH

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

2.42 AC

LAND SF

105,415 SF

ZONING

-

APN/PARCEL ID

052-660-015-00

ASK ABOUT THIS PROPERTY

Kassidy SevillaCook Commercial PartnersMore Info
714-356-2682

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Kassidy SevillaCook Commercial PartnersMore Info
714-356-2682

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.