Listed by Marcus & Millichap - Orlando
$1,500,000
U.S. Renal Care (USRC)
Details
Property Type Office
Sub Type Medical Office
Square Footage 6,122
Cap Rate 9.00%
NOI $134,893
Tenancy Single
Lease Type NN
Lease Term 5
Lease Expiration 06/30/2031
Remaining Term 5
Rent Bumps Yes
Lease Options (Two) Five-Year Options
Price per SqFt $245
Class B
Year Built 1984
Year Renovated 2011
Acreage 0.460
Investment Type Net Lease
Lease Commencement 04/11/2011
Office | 9.00% CAP | 6,122 SqFt
Investment highlights
- Single-tenant net leased dialysis center with stable income stream
- U.S. Renal Care is the third-largest U.S. dialysis services company
- Tenant operates 500+ dialysis facilities across 32 states and Guam serving 25,000 patients
- Lease through June 2031 with two five-year renewal options
- NN lease structure with landlord responsible only for roof, structure, insurance, and landscaping
- New Parking Lot
- 9.00% cap rate with strong NOI of $134,893
- Located in downtown Valdosta along the I-75 corridor
- Strong demographics with growing population and diverse economy
- Valdosta is the commercial center of South Georgia with National Main Street Certification
Listing Contacts
Listed by Marcus & Millichap - Orlando
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$134,893.00
$11,241.08/mo
Valuation Metrics
0
DSCR
8.99%
Cap Rate
8.99%
ROI
Map
Zoning
C-C CommercialNeighborhood CommercialCommunity Commercial
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