Freestanding Dialysis Clinic Net
For Sale
Contact for pricing
518 Knorr St, Philadelphia, PA 19111
Freestanding dialysis clinic with 16 stations, renovated interior, and a DaVita net lease extended for ten years.
Property SizeContact for details
Days on Market121
Property Features for 518 Knorr St
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
Marcus & Millichap - Orlando
(407) 557-3824
Listed By:
Christopher Biuso · License #Fl SL3424071
Source:
Crexi
Added: Apr 12
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 Marcus & Millichap - Orlando
Investment Insights
Based on property information with market context.
Marcus & Millichap presents a freestanding net lease DaVita dialysis clinic in Philadelphia, Pennsylvania. The clinic is a high-volume facility with 16 dialysis stations and operates multiple shifts per day, six days a week. Prior to the most recent lease extension, DaVita renovated the interior at its own expense.
DaVita recently extended its lease for an additional ten years, with two percent annual increases throughout the term. The lease includes two five-year options to extend.
United States Renal data referenced in the offering indicates that End Stage Renal Disease (ESRD) in Pennsylvania continues to rise, underscoring the ongoing role of this treatment center for patients in the region.
DaVita recently extended its lease for an additional ten years, with two percent annual increases throughout the term. The lease includes two five-year options to extend.
United States Renal data referenced in the offering indicates that End Stage Renal Disease (ESRD) in Pennsylvania continues to rise, underscoring the ongoing role of this treatment center for patients in the region.
Key Highlights
- Freestanding DaVita dialysis clinic in Philadelphia, PA with a net lease
- DaVita lease recently extended for an additional 10 years with 2% annual increases throughout the term
- Two additional 5‑year options to extend the lease
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,140
Businesses Nearby
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Business Placement
Demographics for 19111, PA
67,017
Population
27,518
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
13,962
Density / Sq Mi
$60,441
Median Household Income
$39,065
Median Earnings
$1,221
Median Rent
$244,000
Median Home Value
Market
Vacancy Rate% for Office in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Medical center - Freestanding dialysis clinic with 16 stations, renovated interior, and a DaVita net lease extended for ten years.
Where is this medical center located?
The property is located at 518 Knorr St Philadelphia, PA.
What are key features of this property?
This property features: Freestanding DaVita dialysis clinic in Philadelphia, PA with a net lease; DaVita lease recently extended for an additional 10 years with 2% annual increases throughout the term; Two additional 5‑year options to extend the lease
