CBRE Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in a single tenant absolute net lease at 750 Palani Avenue (“the Property”) located on Oahu in the urban Kapiolani Submarket, Hawaii.
The Property consists of approximately .25 acres of B-2 zoned land and a two-story elevator served concrete tilt up building that is 100% leased to USRC Kapahulu LLC and guaranteed by U.S. Renal Care Inc, its parent company.
U.S. Renal Care (“Company”) serves more than 26,000 patients across 32 States and in more than 400 facilities providing in-center and home dialysis. In 2015 DSI Renal, the third largest company in this space, merged with the Company. In 2019 the Company developed a partnership with an investor group including Bain Capital Private Equity, Summit Partners and Revelstoke Capital Partners. Currently the Company has 16-locations throughout the State of Hawaii.