AEI Income & Growth Fund XXII acquires DaVita dialysis clinic in Hempstead, TX for $3M

AEI INCOME & GROWTH FUND XXII LTD PARTNERSHIP

Acquired DaVita Dialysis clinic at 220 Cottonwood Dr, Hempstead, TX for $3,000,000 cash from Ottomatic Capital, LLC.
Property leased to Bollinger Dialysis LLC (guaranteed by DaVita Inc.) with 7.75 years remaining; annual rent $182,209.
Rent scheduled to increase 10% on July 1, 2025; net lease with tenant responsible for taxes, insurance, maintenance.
Building constructed in 2015; 6,589 sq ft on 1.2 acres; acquired using cash from property sales.

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