We are pleased to announce the acquisition of the DaVita Kidney Care facility located at 1849 Davisville Rd in Willow Grove, PA.
We are particularly excited about where the asset sits within Willow Grove and its proximity to Jefferson Abington Hospital, as it exemplifies an ideal location for almost any medical office tenant.
The asset is encircled by heavily trafficked roads, including York Road, which sees a volume of over 25,000 vehicles per day.
The property is also flanked by numerous supporting medical and rehabilitation facilities, and retail, industrial, and residential projects in their planning stages—demonstrative of the potential of the local economy and growing community. The 5-mile average household income is over $110,000 and has a population of over 250,000.
This marks the third DaVita Kidney Care asset we have purchased in the greater Philadelphia MSA this year alone, as we continue to grow our presence in the area across our medical office, retail, and industrial sectors.
If you are interested in selling your DaVita Kidney Care facility or medical asset, please reach out to Chris Conley at (646) 688-4359.