DaVita Dialysis | 5715 N Venoy Rd
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DaVita Dialysis 5715 N Venoy Rd
9,576 SF Office Building Westland, MI 48185 $3,731,215 ($389.64/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Davita has successfully operated the location for over 27 years
- Extended operating hours to meet high patient demand
- Recently executed 10-year lease extension commencing in July 2025
- Only freestanding Davita Dialysis Center in Westland, MI
EXECUTIVE SUMMARY
5715 N Venoy, Westland, MI has been successfully operating as a Davita Dialysis Center since it’s construction in 1996. The property is located just off Ford Rd, one of Westland's major thoroughfares (28,859 VPD), providing easy patient and provider access.
The 9,576 SF single-story building sits on a 2.51 acre site and includes 100 parking spaces. Davita recently executed a 10-year lease extension, demonstrating Davita's long-term commitment to the site.
DaVita specializes in treating individuals with kidney failure, offering life-sustaining services such as blood waste and fluid removal. Davita operates over 2,600 dialysis centers in the United States, and is expanding their international operations. With a new triple net(NNN) lease in place, investors can enjoy a passive income stream with minimal oversight, making this property an attractive, low-maintenance addition to any portfolio. Given the high demand for dialysis treatments in Michigan, and the over 27 years of successful site operation, this DaVita is positioned well for the foreseeable future.
The 9,576 SF single-story building sits on a 2.51 acre site and includes 100 parking spaces. Davita recently executed a 10-year lease extension, demonstrating Davita's long-term commitment to the site.
DaVita specializes in treating individuals with kidney failure, offering life-sustaining services such as blood waste and fluid removal. Davita operates over 2,600 dialysis centers in the United States, and is expanding their international operations. With a new triple net(NNN) lease in place, investors can enjoy a passive income stream with minimal oversight, making this property an attractive, low-maintenance addition to any portfolio. Given the high demand for dialysis treatments in Michigan, and the over 27 years of successful site operation, this DaVita is positioned well for the foreseeable future.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
9,576 SF
Building Class
B
Year Built
1996
Price
$3,731,215
Price Per SF
$389.64
Cap Rate
6.50%
NOI
$242,497
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,576 SF
Building FAR
0.09
Lot Size
2.51 AC
Zoning
C2 - Commercial
Parking
101 Spaces (10.55 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 56-038-01-0010-301 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $827,100 |
PROPERTY TAXES
Parcel Number
56-038-01-0010-301
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$827,100
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DaVita Dialysis | 5715 N Venoy Rd
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