721 RUDOLPH WAY Lawrenceburg IN 47025-8378

INFLATIONARY PROTECTED LEASE – This lease features above market, 3% annual rent increases, providing a major cash flow boost and equity appreciation tool, along with being a great inflationary hedge for investors.

RECENT LEASE EXTENSION – In 2020, DaVita extended its lease term at this location for 8 years, serving as a great indication of the tenant’s commitment to this site.

PASSIVE NNN LEASE – This building features a NNN lease with minimal landlord responsibilities, providing a passive investment vehicle for both local and out-of-state investors.

RECESSION RESILIENT – Healthcare real estate has shown resilience against recessions and the COVID-19 pandemic. The demand for medical services tends to remain relatively stable even during economic downturns.

TENANT HISTORY – DaVita has occupied the subject property since 2011 showing their long-term commitment to this location.

ADVANTAGEOUS RETURN – At a 9.85% cap rate, this asset provides a return that is in line with today’s interest rate environment, especially with the above market annual rental increase.

NATIONAL TENANT – DaVita is a Fortune 500 company and one of the leading providers of kidney care in the United States with a nearly $12 billion market cap.

STRATEGICALLY LOCATED – The subject property is located less than two miles from St. Elizabeth Dearborn Hospital and due to the strategic location and lack of other providers in the region, this office draws patients from Indiana, Ohio as well as Kentucky.