19800 WOODWARD AVE Detroit MI 48203-5102

Marcus & Millichap has been exclusively retained to offer for sale this 7,375 square foot facility for DaVita Kidney

Care. Located in Detroit, Michigan this attractive freestanding medical office building situated on 1.03 +/- acres

was carefully site selected by DaVita. The tenant currently has five years and seven months remaining on the

early executed five-year lease extension. During the term of the lease there will be 1.50% annual rental

increases. The strength of DaVita as the tenant with a guarantee from Total Renal Care, Inc. (DaVita’s second

largest guarantor) allows for a stable, low risk investment.

This facility has 21 dialysis stations. The tenant operates six days per week, approximately 75 hours per week

for dialysis treatment. DaVita recently updated the interior and replaced the water filtration system in the clinic

showing commitment to the location. Situated directly off of the historical Woodward Avenue the clinic benefits from

daily traffic counts exceeding 23,600 VPD. Furthermore the building is located adjacent to the new $400 million,

3.8 million square-foot Amazon distribution development which is proposed to bring 1,200 new jobs to the area.

The building is also located just down the street from a newer and active large retail development consisting of

many national tenants including Chase, Meijer, Auto Zone, Planet Fitness, Starbucks etc.. Furthermore the tenant

benefits from being located within close proximity to 10 plus assisted living facilities. It is also closely situated to

the 484 bed Ascension Macomb Hospital, 576 bed Ascension Providence - Southfield Campus Hospital, 350 bed

DMC Sinai Grace Hospital, and the 136 bed Henry Ford Kingswood Hospital creating great synergy for the tenant.

• Five Years & 7 Months Remaining

• 1.50% Annual Rental Increases

• Strong Guarantor - Total Renal Care, Inc.

• High Volume Clinic - Operating 6 Days Per Week, Approximately 75 Hours Per Week

• Limited Landlord Responsibilities - Double Net (NN) Lease