Marcus & Millichap recently brokered the sale of DaVita Cincinnati, a 6,640-sqaure foot net-lease DaVita property in Cincinnati, Ohio. The asset went under contract to close in 63 days and sold for $1.58 million to an out-of-state buyer.
Senior Managing Directors Austin Weisenbeck and Sean Sharko and Associate Daniel Chumbley, all investment specialists in Marcus & Millichap’s Chicago Oak Brook office, represented the seller, a limited liability company.
Michael Glass, Broker of Record of Ohio, assisted in closing this transaction.
Situated at 6929 Silverton Ave. in Cincinnati, DaVita has been a steadfast presence since the clinic’s establishment in the year 2000. Positioned within a 2-mile radius of Mercy Health Hospital boasting 184 patient beds and a workforce of 33,500 employees, the clinic has earned The Joint Commission’s prestigious Gold Seal Approval for its exemplary patient care.
Set in a densely populated area, the location is strategically advantageous, with an estimated population of 86,520 individuals within a 3-mile radius.
The Sharko | Weisenbeck | Mendoza Group of Marcus & Millichap has sold over $3.58 billion in commercial real estate with well over 879 transactions in 35 states. In 2022, the SWM Group sold nearly $500MM in real estate through 101 transactions.
