5715 N Venoy Rd - Medical FOR SALE


Westland, MI 48185
$3,731,215 USD
562-269-4844
5715 N Venoy Rd, Westland, MI for Sale
$3,731,215 USD
Medical - FOR SALE
1/13
null | 6.5% Cap Rate

5715 N Venoy Rd
Westland, MI 48185


HIGHLIGHTS

  • Davita has successfully operated the location for over 27 years
  • Recently executed 10-year lease extension commencing in July 2025
  • Extended operating hours to meet high patient demand
  • Only freestanding Davita Dialysis Center in Westland, MI

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,731,215 USD

PRICE/SF

$390 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DaVita Dialysis

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

101

LAND DETAILS

LAND ACRES

2.51 AC

LAND SF

109,336 SF

ZONING

C2

APN/PARCEL ID

56-038-01-0010-301

ASK ABOUT THIS PROPERTY

Justin WhiteCentennial AdvisersMore Info
562-269-4844

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Justin WhiteCentennial AdvisersMore Info
562-269-4844

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.