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Marcus & Millichap Arranges Sale of Cincinnati Healthcare Property

Marcus & Millichap announced the sale of DaVita Cincinnati, a 6,640-square foot net lease DaVita property located in Cincinnati, Ohio. The asset went under contract to close in 63 days and sold for $1.58 million to an out-of-state buyer. DaVita is a provider of dialysis services and integrated health care management services.

Senior Managing Directors Austin Weisenbeck, Sean Sharko, and Associate, Daniel Chumbley, all investment specialists in Marcus & Millichap’s Chicago Oak Brook office, represented the seller, a limited liability company. Michael Glass, Broker of Record of Ohio, assisted in closing this transaction.

Situated at 6929 Silverton Avenue in Cincinnati, Ohio, DaVita has been a steadfast presence since the clinic’s establishment in the year 2000. The clinic is located within a two-mile radius of Mercy Health Hospital, an 184-bed facility with a workforce of 33,500 employees.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.