DAVITA DIALYSIS OF GARY, INDIANA 4802 BROADWAY, GARY, INDIANA 46408 JONATHAN PERANICH | MANAGING PARTNER Email:
[email protected] Direct: (832) 602-3383 NET LEASE GROUP DAVITA DIALYSIS OF GARY, INDIANA PROPERTY OVERVIEW 4802 BROADWAY, GARY, INDIANA 46408 JONATHAN PERANICH MANAGING PARTNER EMAIL:
[email protected] DIRECT: (832) 602-3383 TABLE OF CONTENTS 4 INVESTMENT OVERVIEW 5 INVESTMENT HIGHLIGHTS 6 PRICING AND FINANCIALS 7 NET LEASE STRUCTURE 8 RENT ROLL 9 TENANT OVERVIEW 10 DEMOGRAPHICS 11 LOCATION OVERVIEW 12 OUR TEAM JONATHAN PERANICH MANAGING PARTNER Email:
[email protected] Direct: (832) 602-3383 INVESTMENT OVERVIEW DAVITA DIALYSIS OF GARY, IN DAVITA DIAYLSIS Lessee Entity Total Renal Care - Indiana, LLC INVESTMENT OVERVIEW. Peranich Huffman Net Lease Group is pleased to offer for Rentable Area 11,203 SF sale, the DaVita Dialysis of Gary, Indiana. The 13,125 square foot freestanding, net leased medical office building is located on one of the main thoroughfares of downtown Gary and Merrillville, Indiana. Comprised of 40 patient stations operating 6 days a week, the practice (%) of Rentable Area 85.36% benefits from a substantial patient count, performing over 330 procedures per week. Lease Expiration Date 1/31/2025 LEASE TERM. Commencing in 2012, DaVita Dialysis occupies approximately 85% of the Term Remaining 5 Years total rentable area and recently signed a 5-Year lease extension. The lease calls for 2% annual rental rate escalations in both the primary term and all (3) 5-year option periods. The Lessee, TRC – Indiana, LLC, is a wholly owned subsidiary of DaVita, Inc., one the fastest Rent/SF $ 23.50 growing corporation on the Fortune 200 list.