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U.S. Renal Care 1524 Sparta St 7,079 SF Office Building McMinnville, TN 37110 $3,763,901 CAD ($531.70 CAD/SF) 7% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Strong Corporate Guaranty – U.S. Renal Care is one of the nation’s leading providers of dialysis services, serving over 35,000 patients
  • “Essential Business” Investment – This offering provides an investor with the opportunity to acquire a property
  • Close Hospital Proximity – The clinic is located directly across from Ascension Saint Thomas River Park Hospital, a full-service facility
  • Net Lease Structure – The lease provides for a passive, Landlord-friendly expense structure with landlord responsibilities limited to roof
  • Proven Location – The subject property has operated continuously as a dialysis center since 2005, demonstrating long-term stability
  • 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

EXECUTIVE SUMMARY

Broker of Record
Hutt Cooke
License # 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,079 SF
Building Class
C
Year Built
2006
Price
$3,763,901 CAD
Price Per SF
$531.70 CAD
Cap Rate
7%
NOI
$263,473 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,079 SF
Building FAR
0.11
Lot Size
1.45 AC
Zoning
O&I
Parking
26 Spaces (3.67 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Wheelchair Accessible
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Health Care and Social Assistance
  • -
  • -
  • -

U.S. Renal Care is a privately held healthcare provider founded in 2000 and headquartered in Plano, Texas. The company operates more than 480 dialysis clinics across 32 states and the Territory of Guam, serving approximately 37,000 patients. U.S. Renal Care offers in-center hemodialysis, peritoneal dialysis, and home dialysis programs, partnering with nephrologists to deliver comprehensive kidney care. The Bethesda location at Sangamore Road provides in-center dialysis services and is certified by the Centers for Medicare & Medicaid Services since 2014. U.S. Renal Care was acquired in 2019 by Bain Capital Private Equity, Revelstoke Capital Partners, and Summit Partners. The organization employs over 3,000 staff nationwide and focuses on clinical quality, patient-centered care, and operational excellence.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Health Care and Social Assistance - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
058-091.02
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$610,290 CAD
  • Listing ID: 39147309

  • Date on Market: 2026-01-20

  • Last Updated:

  • Address: 1524 Sparta St, McMinnville, TN 37110

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