The building, which was custom designed and built to high specifications in 2003, is in the Citygate Business Park and located at 2360 Citygate Drive, Columbus Ohio 43219. This is the far northeast Columbus area and boasts close proximity to both the Port Columbus International Airport and the popular Easton Town Center The property has easy access to all major highways, including I-270.
It’s 100% tenanted by US Renal Care on a ten year, triple net / absolute net lease with 3% annual compounded increases and over five years remaining. There are two, five year options at initial lease end. Tenant has made significant investment in equipment to the location, thus making Citygate Drive a very valuable asset an important ongoing location for US Renal Care, a company that acquires, develops and operates dialysis centers.
US Renal Care, Inc. strives to be the highest quality provider available to patients with chronic and acute renal disease. This building was built to suit for this specific use.
U.S. Renal Care, Inc. (“USRC” or the “Company”) which was founded in 2000, acquires, develops and operates dialysis centers in joint venture partnership with nephrologists in their local markets across the United States. The company’s clinics provide in-center hemodialysis and at home hemodialysis and peritoneal dialysis services related to end stage renal disease (“ESRD”). In addition, the company also manages several acute setting dialysis programs in conjunction with local community hospitals.
U.S. Renal Care is led by a seasoned senior management team with collectively over 150 years of experience in healthcare management and operations. By supporting dialysis centers with experienced operations management and strong financial resources, and by dedicating ourselves to clinical excellence in these centers, we intend to set a new standard for the operation of dialysis centers.
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