DAVITA DIALYSIS

INVESTMENT HIGHLIGHTS

• CORPORATELY GUARANTEED: The DaVita Dialysis lease is backed by a corporate guarantee from DaVita, Inc. (S&P: “BB”), a Fortune 500® company and the leading provider of kidney care in the United States.
• LEADING TENANT: Over 3,000 outpatient dialysis centers which serve more than 250,000 patients in the US and abroad. This offering provides an investor with the opportunity to acquire a property containing a leading national medical tenant with a resilient business model.
• “ESSENTIAL BUSINESS” INVESTMENT: Given the current market conditions, owning essential business assets has become increasingly critical. Unlike tenants in non-healthcare sectors who face cash flow challenges, medical practices have remained largely unaffected by ongoing disruptions.
• BUILT-TO-SUIT CONSTRUCTION: Constructed in 2013, this ±5,400 SF clinic was built to DaVita’s precise specifications, ensuring it meets the company’s operational standards and patient care requirements. This design reflects DaVita’s commitment to the site from optimizing efficiency and patient experience.
• STRONG HOURS OF OPERATION: This clinic operates 6 days a week from 5:00 AM to 7:00 PM, indicating strong patient demand and high occupancy levels.
• LOW DAVITA COMPETITION: The subject property is the sole DaVita clinic in the Northwest South Bend market, providing a strategic advantage by mitigating the risk of tenant consolidation from areas with multiple DaVita clinics competing for the same patient base.
• PASSIVE LEASE STRUCTURE: Landlord responsibilities limited to Roof, HVAC, and Exterior Structure, offering a passive investment with low maintenance.
• RAPID SURROUNDING DEVELOPMENT: Located in Blackthorn Corporate Park, this district offers prime development potential for medical, retail, industrial, and other uses. It sits minutes from the New Carlisle development plan and near major projects like the $11B AWS facility and $3.5B GM-Samsung EV battery plant. The property also benefits from proximity to South Bend Regional Airport and the renowned Blackthorn Golf Club.