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Leased Kidney Dialysis Medical Facility
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1500 E Market St, Red Bud, IL 62278

Modern dialysis clinic with 7 patient stations and 2 nurse stations, fully leased on a new long-term term.

Property Size5,638 SF
Days on Market120

Property Features for 1500 E Market St

General Information

Standard status Active
Size 5,638 SF
Property subtype Mixed Use, Retail
Occupancy 100%

Building Details

Year Built 2014
Tenancy Single
Listing Agency: Colliers - San Diego - Carlsbad, California
Listed By: Jay Patel · License #01512624
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 8:37PM

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 DaVita Red Bud is a 2014 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 8.25 years remaining. The lease is corporately guaranteed by DaVita and includes 10% rent increases every five years.

The clinic includes 5,638 square feet with 7 patient stations, 1 private station in a separate room, and 2 nurse stations. The facility is located on E Market Street, approximately under one mile walking distance to Red Bud Regional Hospital, which provides 140 patient beds.

Illinois is described as a Certificate of Need (CON) state for dialysis, creating barriers to entry for competing dialysis providers through regulated planning for new services and construction.

Key Highlights

  • 2014 build‑to‑suit dialysis facility, 100% leased to DaVita under a new 15‑year lease with 8.25 years remaining
  • Corporately guaranteed DaVita lease with 10% rent increases every five years
  • 5,638 SF dialysis clinic with 7 patient stations, including 1 private station in a separate room

Property Analytics

Current Use

Medical centers

Suggested Use

Top Pick Real Estate Agency Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

52
Businesses Nearby

Demographics for 62278, IL

6,646
Population
2,763
Households
2.4
Avg Household Size
44
Median Age
22%
College-Educated
95%
High-School Grad
104.9 sq mi
ZIP Area
63
Density / Sq Mi
$85,017
Median Household Income
$49,292
Median Earnings
$831
Median Rent
$181,500
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical center - Modern dialysis clinic with 7 patient stations and 2 nurse stations, fully leased on a new long-term term.
Where is this medical center located?
The property is located at 1500 E Market St Red Bud, IL.
What are key features of this property?
This property features: 2014 build‑to‑suit dialysis facility, 100% leased to DaVita under a new 15‑year lease with 8.25 years remaining; Corporately guaranteed DaVita lease with 10% rent increases every five years; 5,638 SF dialysis clinic with 7 patient stations, including 1 private station in a separate room
More about this property
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