$1,470,842 USD
949-662-2256
102 Hatchell Ln
Denham Springs, LA 70726
Livingston Parish
HIGHLIGHTS
- There are over 5 years remaining on the NNN lease with 2% annual increases and four, 5-year options to extend the lease.
- The lease features annual rental escalators, providing a future owner with a boost in cash flow and a hedge against inflation.
- There are minimal landlord responsibilities throughout the lease term, offering a passive investment for both local and national investors.
- The global veterinary services market size is expected to reach $142 Billion by 2025, with a CAGR of 5.6% during that period.
- This clinic is situated on Hatchell Ln, offering convenient access to major north-south and east-west thoroughfares, US-190 and LA-16.
- Pet hospitals rarely relocate due to the difficulty of retaining the same patients in a new location and the high costs associated with moving.
FOR SALE DETAILS
PRICE
$1,470,842 USD
PRICE/SF
$96 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Thrive Pet Healthcare
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Fast Food, Restaurant, Veterinarian/Kennel
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.99 AC
LAND SF
86,481 SF
ZONING
-
APN/PARCEL ID
0362467
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949-662-2256
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Please correct the highlighted field(s).
949-662-2256
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
