425 Mb Ln
Mukwonago, WI 53149

Peranich Huffman Net Lease Group is pleased to offer for sale on an exclusive basis, the Davita Dialysis of Chilton, Wisconsin. Constructed in 2014, the 7,847 square foot facility is leased on a net basis to Total Renal Care, Inc. The lease is structured on a double net basis whereas the tenant is solely responsible for all costs attributed to taxes, insurance, and utilities. The landlord is only responsible for the costs repair to the roof, and replacement of the structural components, HVAC, and parking areas. Additionally, the lease provides for the reimbursement of management fees; therefore, increasing the Landlord’s total annual yield throughout the hold period. With 11+ Years remaining in the primary term, the lease provides for 2% Annual Escalations this term & all three 5-Year renewal option periods. Offered at a 6.40% capitalization rate, the offering provides an investor with the opportunity to acquire a property with a strong operation that is home to a national medical tenant that exemplifies a reputation of consistency for both patients and the real estate investment community. Total Renal Care, Inc. is an operating subsidiary of DaVita Inc., a Fortune 500 company, and the leading provider of kidney dialysis services in the U.S. DaVita provides dialysis services for patients suffering from chronic kidney failure, which is also known as end stage renal disease (ESRD) in the United States. It operates kidney dialysis centers, and provides related medical services primarily in dialysis centers and in contracted hospitals. DVA Renal Healthcare, Inc. operates as a subsidiary of DaVita HealthCare Partners Inc. A leading provider of kidney care in the United States, DaVita is the dialysis division of DaVita HealthCare Partners Inc., a Fortune 500® company that, through its operating divisions, provides a variety of health care services to patient populations throughout the United States and abroad.