222 Douglas St
Hammond, IN 46320

Marcus & Millichap is pleased to present for sale a 13,194 square foot DaVita Dialysis Center in Hammond, Indiana. The two-tenant facility is currently 81% occupied by DaVita and the remaining 19% is being offered as a 24-month master lease, formerly occupied by a Nephrology practice, which features approximately 11 patient / procedure rooms. The center is situated on 0.78 acres and is strategically located directly across the street from the both Franciscan Health Hospital and Kindred Hospital of Northwest Indiana. Additionally surrounding the center are numerous housing / apartment complexes in addition to the United States Social Security Administration Office, a United States Federal Courthouse, and the Hammond Academy of Science and Technology. DaVita Dialysis is operating under a triple-net (NNN) lease and is responsible for all operating expenses including: CAM, Real Estate Taxes, Insurance, and Utilities. The only landlord responsibility includes the roof and any structural repairs. DaVita has been a tenant at this location for approximately 8 years and to further demonstrate their commitment to this location, in September 2017, recently extended their lease for an additional 10 years of term, now expiring in October 2027. DaVita has 3, 5-year renewal options available in addition to attractive 3% annual rental increases.