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Single-Tenant Office Medical

U.S. Renal Care (USRC)

140 Medical Center Dr, Gaffney, SC 29340

Listing Price: $4,250,000

Cap Rate
6.69%
Tenant Name
USRC
Years Remaining On Lease
9.1
Guarantor
Corporate Guarantee
Rentable SF
7,412
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$38.35

Investment Overview

New Build to Suit Construction Completed June 2024

Adjacent to Cherokee Medical Center Hospital

Landlord Friendly NNN Lease Structure

Nine Years Remaining on Initial Ten-Year Lease

10% Rental Increase in May of 2029

Two Five Year Options to Renew

Multi Program Clinic Offers In Center Hemodialysis and Home Dialysis Treatment

50 Miles from Greenville, SC and Charlotte, NC

Consistent Growth in Region +1.5% YOY Since 2010

Lease Guaranteed by USRC and Nephrology Group

Investment Highlights

  • New Build to Suit Construction Completed June 2024
  • Adjacent to Cherokee Medical Center Hospital
  • Landlord Friendly NNN Lease Structure
  • Nine Years Remaining on Initial Ten-Year Lease
  • 10% Rental Increase in May of 2029
  • Two Five Year Options to Renew
  • Multi Program Clinic Offers In Center Hemodialysis and Home Dialysis Treatment
  • 50 Miles from Greenville, SC and Charlotte, NC

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Single-Tenant Office Medical

U.S. Renal Care (USRC)

Listing Price: $4,250,000

Cap Rate
6.69%
Tenant Name
USRC
Years Remaining On Lease
9.1
Guarantor
Corporate Guarantee
Rentable SF
7,412
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$38.35

Investment Highlights

  • New Build to Suit Construction Completed June 2024
  • Adjacent to Cherokee Medical Center Hospital
  • Landlord Friendly NNN Lease Structure
  • Nine Years Remaining on Initial Ten-Year Lease
  • 10% Rental Increase in May of 2029
  • Two Five Year Options to Renew
  • Multi Program Clinic Offers In Center Hemodialysis and Home Dialysis Treatment
  • 50 Miles from Greenville, SC and Charlotte, NC

Investment Overview

New Build to Suit Construction Completed June 2024 Adjacent to Cherokee Medical Center Hospital Landlord Friendly NNN Lease Structure Nine Years Remaining on Initial Ten-Year Lease 10% Rental Increase in May of 2029 Two Five Year Options to Renew Multi Program Clinic Offers In Center Hemodialysis and Home Dialysis Treatment 50 Miles from Greenville, SC and Charlotte, NC Consistent Growth in Region +1.5% YOY Since 2010 Lease Guaranteed by USRC and Nephrology Group

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

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