1524 Sparta St - Medical FOR SALE
McMinnville, TN 37110 |
$2,712,917 USD
737-309-2717
1524 Sparta St
McMinnville, TN 37110
HIGHLIGHTS
- Strong Corporate Guaranty – U.S. Renal Care is one of the nation’s leading providers of dialysis services, serving over 35,000 patients
- Net Lease Structure – The lease provides for a passive, Landlord-friendly expense structure with landlord responsibilities limited to roof
- “Essential Business” Investment – This offering provides an investor with the opportunity to acquire a property
- Proven Location – The subject property has operated continuously as a dialysis center since 2005, demonstrating long-term stability
- Close Hospital Proximity – The clinic is located directly across from Ascension Saint Thomas River Park Hospital, a full-service facility
- Income Tax Free State – Tennessee is one of the nine states in the US that does not impose an income tax, offering investors the opportunity
FOR SALE DETAILS
PRICE
$2,712,917 USD
PRICE/SF
$383 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
U.S. Renal Care
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
26
LAND DETAILS
LAND ACRES
1.45 AC
LAND SF
63,162 SF
ZONING
O&I
APN/PARCEL ID
058-091.02
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737-309-2717
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737-309-2717
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