KW Commercial, The Daniel Perich Group is pleased to exclusively offer for sale this single tenant net-leased DaVita Dialysis subsidiary condominium in Tobyhanna, Pennsylvania. The 4,809 square foot space is located at 100 Community Drive in Mountain Healthcare Center.
Tenant has occupied since 2003 with a ten-year initial term. The extended term is set to expire December 31, 2021 with 2% annual rent increases with CPI and a five-year option to renew.
Renal Treatment Centers-Northeast, Inc. operates as a subsidiary of DaVita HealthCare Partners Inc. DaVita Inc. is the second largest dialysis services provider in the United States. The company operates approximately 660 outpatient dialysis centers in 37 states and the District of Columbia, serving roughly 54,000 patients. DaVita also provides acute inpatient dialysis services through contracts with 370 hospitals.
Mountain Healthcare Center is a 55,000 square foot Class A office building containing 17 professional and medical suites. Property offers over 200 parking space and bus service. The center is situated in the Pocono Mountains Corporate Center East – located on Route 611 in Coolbaugh Township, Monroe County just north of the Pocono Mountains Municipal Airport and about 5 miles from Interstate 380. The Pocono Mountains is approximately 2 hours from Philadelphia, Harrisburg, or Trenton and 1.5 hours from New York City. Area attractions include Mt. Airy Casino & Resort, Kalahari Resorts, Great Wolf Lodge, and Camelback Resort.