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1524 Sparta St
McMinnville, TN 37110

$2,712,917 USD

Medical For Sale  •  7,079 SF

Property Details

  • Property Type Medical
  • Total Building Size 7,079 SF
  • Lot Size 1.45 AC
  • Building Class C
  • Year Built 2006
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning O&I
0 Transit Score
14 Walk Score

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
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
U.S. Renal Care

Amenities

  • Signage
  • Wheelchair Accessible
  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 26
Type: Surface
Included in Rent: Yes
Alex Larramendi 737-309-2717 Matthews Real Estate Investment Services
Alex Larramendi 737-309-2717 Matthews Real Estate Investment Services