Marcus & Millichap brokered the sale of DaVita Dialysis & Saint Clair Nephrology, a 12,174-square foot net-lease DaVita property in East China, Michigan. The property sold for more than $2.79 million.
The buyer, a limited liability company, was secured and represented by Senior Managing Directors Austin Weisenbeck and Sean Sharko and Associate Daniel Chumbley, investment specialists in Marcus & Millichap’s Chicago Oak Brook office.
Regional Manager, Steven Chaben, Broker of Record of Michigan, assisted in closing this transaction.
Situated at 4180 S. Hospital Drive in East China, DaVita Dialysis & Saint Clair Nephrology presented a compelling opportunity as a value-add medical office investment with limited landlord responsibilities. The site benefits from a robust tenant synergy, as both DaVita and St. Clair Nephrology have been established occupants since the facility’s construction in 2015.