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MichiganHealthcare

Marcus & Millichap negotiates sale of healthcare facility in Michigan

September 8, 2023
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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.

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