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Two-Property Medical Center Portfolio
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515 Pecan Dr, Bolivar, TN 38008

Two leased medical clinics feature double-net structures, corporate guarantees, and renewal options.

Property SizeContact for details
Days on Market145

Property Features for 515 Pecan Dr

General Information

Standard status Active
Property subtype Retail, Office

Building Details

Buildings 2
Tenancy Single
Owner Occupied No
Listing Agency: Peranich Huffman Net Lease Group Dallas
Listed By: Nathan Huffman · License #TX 553697
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 5:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Peranich Huffman Net Lease Group Dallas

Investment Insights

Based on property information with market context.

This offering includes two medical clinics built for DaVita’s use. The Bolivar property at 515 Pecan Dr. contains 5,000 square feet, while the Brownsville clinic at 380 North Dupree St. provides 8,324 square feet. Both facilities are occupied under double-net leases with DaVita corporate guarantees.

The lease for the Bolivar location has 10.5 years remaining and includes two 5 year renewal options. The Brownsville lease has 10.9 years remaining and also provides two 5 year renewal options. Tenants are responsible for interior, non-structural components, HVAC installed by the tenant, utilities, and other operating services, while landlord obligations include the roof, exterior and structural elements, parking area, electrical systems, and HVAC maintenance, repair, and replacement.

Key Highlights

  • Two medical clinic properties totaling 13,324 square feet
  • 5,000‑square‑foot DaVita clinic at 515 Pecan Dr., Bolivar, TN 38008
  • 8,324‑square‑foot medical clinic at 380 North Dupree St., Brownsville, TN

Property Analytics

Current Use

DaVita Bolivar Dialysis Medical Clinic

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Auto Repair Shop Furniture & Home Goods Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

181
Businesses Nearby

Demographics for 38008, TN

9,110
Population
4,292
Households
2.1
Avg Household Size
43
Median Age
13%
College-Educated
85%
High-School Grad
153.7 sq mi
ZIP Area
59
Density / Sq Mi
$43,827
Median Household Income
$29,919
Median Earnings
$841
Median Rent
$123,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical center - Two leased medical clinics feature double-net structures, corporate guarantees, and renewal options.
Where is this medical center located?
The property is located at 515 Pecan Dr Bolivar, TN.
What are key features of this property?
This property features: Two medical clinic properties totaling 13,324 square feet; 5,000‑square‑foot DaVita clinic at 515 Pecan Dr., Bolivar, TN 38008; 8,324‑square‑foot medical clinic at 380 North Dupree St., Brownsville, TN
More about this property
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