Leased Kidney Dialysis Medical
For Sale
Contact for pricing
16767 South 80th Avenue, Tinley Park, IL 60477
2016-built DaVita dialysis clinic is fully leased and offers multiple patient stations plus one private station.
Property SizeContact for details
Days on Market121
Property Features for 16767 South 80th Avenue
General Information
Standard status
Active
Property subtype
Retail, Office
Listing Agency:
Colliers - San Diego - Carlsbad, California
Listed By:
Jay Patel · License #01512624
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 3:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - San Diego - Carlsbad, California
Investment Insights
Based on property information with market context.
The Tinley Park DaVita clinic is a 2016 build-to-suit medical facility designed for kidney dialysis services. The property is 100% leased to DaVita under a new 15-year lease term, with rent commencement in September 2016. The lease is corporately guaranteed by DaVita Inc. The clinic includes 6,607 square feet housing patient stations, as well as one private station located in a separate room.
The facility is positioned on South 80th Avenue and is described as having access and visibility along the corridor. It is located about one-half mile east of Pacific Coast Highway (VPD: 48,000) and about one-half mile south of the Circle Area (VPD: 30,500).
The clinic is set within dense residential neighborhoods just south of 159th Street, a major east-west retail corridor. Illinois is noted as a Certificate of Need (CON) state for dialysis, which the remarks describe as creating barriers to entry for competing dialysis services.
The facility is positioned on South 80th Avenue and is described as having access and visibility along the corridor. It is located about one-half mile east of Pacific Coast Highway (VPD: 48,000) and about one-half mile south of the Circle Area (VPD: 30,500).
The clinic is set within dense residential neighborhoods just south of 159th Street, a major east-west retail corridor. Illinois is noted as a Certificate of Need (CON) state for dialysis, which the remarks describe as creating barriers to entry for competing dialysis services.
Key Highlights
- 2016 build‑to‑suit DaVita dialysis clinic is 100% leased under a new 15‑year lease term.
- DaVita Inc. provides a corporate guarantee of the lease; rent commenced in September 2016.
- Lease includes 10% rent increases every 5 years.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
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Business Placement
Demographics for 60477, IL
37,335
Population
16,261
Households
2.3
Avg Household Size
43
Median Age
34%
College-Educated
95%
High-School Grad
14.2 sq mi
ZIP Area
2,629
Density / Sq Mi
$93,862
Median Household Income
$57,381
Median Earnings
$1,485
Median Rent
$262,400
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical center - 2016-built DaVita dialysis clinic is fully leased and offers multiple patient stations plus one private station.
Where is this medical center located?
The property is located at 16767 South 80th Avenue Tinley Park, IL.
What are key features of this property?
This property features: 2016 build‑to‑suit DaVita dialysis clinic is 100% leased under a new 15‑year lease term.; DaVita Inc. provides a corporate guarantee of the lease; rent commenced in September 2016.; Lease includes 10% rent increases every 5 years.
