10-30-32 Mellor Ave - Veterinarian/Kennel FOR SALE
Catonsville, MD 21228 |
$2,774,900 USD
949-662-2256
10-30-32 Mellor Ave
Catonsville, MD 21228
HIGHLIGHTS
- STABLE INVESTMENT: Just under 7 years remaining on the Absolute NNN lease with 2% annual increases and four, 5-year options to extend the lease
- SCHEDULED RENT INCREASES
- TRUSTED PROVIDER: Thrive Pet Healthcare supports over 380 veterinary practices across the U.S
- TENANT INVESTMENT IN LOCATION: Pet hospitals rarely relocate due to the difficulty of retaining the same patients in a new location and the high costs
- VERY PASSIVE LEASE STRUCTURE: There are no landlord responsibilities throughout the lease term
FOR SALE DETAILS
PRICE
$2,774,900 USD
PRICE/SF
$211 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
THRIVE PET HEALTHCARE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Veterinarian/Kennel
ADD'L SUBTYPES
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1957
SPRINKLERS
-
PARKING SPACES
70
LAND DETAILS
LAND ACRES
0.88 AC
LAND SF
38,333 SF
ZONING
-
APN/PARCEL ID
01-1600012574
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949-662-2256
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949-662-2256
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