Medical Office Building with Corporate
For Sale
Contact for pricing
18100 Schaefer Hwy, Detroit, MI 48235
Seven-year lease with two five-year renewal options and corporate guaranty by DaVita, Inc.
Property SizeContact for details
Days on Market119
Property Features for 18100 Schaefer Hwy
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
Colliers - San Diego - Carlsbad, California
Listed By:
Jay Patel · License #01512624
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 6:48PM
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.
This offering is a medical office building leased on a new seven-year term, with two additional five-year option periods following the lease expiration on October 31, 2029. The lease includes 2.0% annual rent increases throughout the term. The lease is supported by a corporate lease guaranty from DaVita, Inc.
The property is described as highly visible and accessible, located between the busy intersection of Route 10 and Schaefer Highway. It is approximately 0.3 miles from Detroit Medical Center - Sinai Grace Hospital, and the area also includes other major hospital providers, including Ascension Providence Hospital and Henry Ford Health. Detroit Metropolitan Wayne County Airport is approximately 25 minutes north of the site.
As presented, healthcare real estate has shown resilience through recent economic conditions, and the remarks specifically reference dialysis tenants as essential during the Covid pandemic.
The property is described as highly visible and accessible, located between the busy intersection of Route 10 and Schaefer Highway. It is approximately 0.3 miles from Detroit Medical Center - Sinai Grace Hospital, and the area also includes other major hospital providers, including Ascension Providence Hospital and Henry Ford Health. Detroit Metropolitan Wayne County Airport is approximately 25 minutes north of the site.
As presented, healthcare real estate has shown resilience through recent economic conditions, and the remarks specifically reference dialysis tenants as essential during the Covid pandemic.
Key Highlights
- New 7‑year lease term with two 5‑year renewal option periods starting after the October 31, 2029 lease expiration
- 2.0% annual rent increases throughout the lease term, plus two 5‑year renewal options
- Corporate lease guaranty by DaVita, Inc. with S&P “BB” and Moody’s “Ba3” ratings; annual revenues exceed $11.61B
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,349
Businesses Nearby
Explore this area
Business Placement
Demographics for 48235, MI
45,188
Population
20,946
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
91%
High-School Grad
6.2 sq mi
ZIP Area
7,288
Density / Sq Mi
$41,011
Median Household Income
$31,545
Median Earnings
$1,151
Median Rent
$79,400
Median Home Value
Market
Vacancy Rate% for Office in Detroit, MI
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Frequently Asked Questions
What type of property is this?
Medical center - Seven-year lease with two five-year renewal options and corporate guaranty by DaVita, Inc.
Where is this medical center located?
The property is located at 18100 Schaefer Hwy Detroit, MI.
What are key features of this property?
This property features: New 7‑year lease term with two 5‑year renewal option periods starting after the October 31, 2029 lease expiration; 2.0% annual rent increases throughout the lease term, plus two 5‑year renewal options; Corporate lease guaranty by DaVita, Inc. with S&P “BB” and Moody’s “Ba3” ratings; annual revenues exceed $11.61B
