1033 Seminola Blvd - Veterinarian/Kennel FOR SALE


Casselberry, FL 32707
$706,200 USD
323-609-4405
1033 Seminola Blvd, Casselberry, FL for Sale
$706,200 USD
Veterinarian/Kennel - FOR SALE
1/3
null | 8% Cap Rate

1033 Seminola Blvd
Casselberry, FL 32707


HIGHLIGHTS

  • MORE THAN 2 YEARS REMAINING | ANNUAL RENTAL INCREASES | REPUTABLE OPERATOR
  • EXCELLENT VISIBILITY | LOCATED OFF SEMINOLA BLVD | LOCATED ALONG MAJOR THOROUGHFARE
  • STRONG DEMOGRAPHICS IN 5-MILE TRADE AREA | HIGH BARRIERS TO ENTRY SUBMARKET
  • LIMITED LANDLORD RESPONSIBILITIES | LOW-MANAGEMENT

OVERVIEW

TWG is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a modified gross leased, freestanding, Animal Clinic of Casselberry investment property located in Casselberry, Florida. The Tenant, Heartland Veterinary Partners, has over 2 years remaining in their initial term with 2 five (5) year options to extend. The lease features annual rental increases of 1%. The lease is modified gross with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Heartland Veterinary Partners is a veterinary management company that aims to support veterinary practices and their owners. The company was founded in 2017 and is headquartered in Chicago, Illinois, with offices in various locations across the United States. Animal Clinic of Casselberry is strategically located on Seminola Boulevard. The site benefits from superior visibility via significant street frontage and a monument situated along Seminola Boulevard. It shares this busy Casselberry area with businesses like Pizza hut, 7-11, Mobil, Circle K, Dollar General. The location benefits from the frequent street traffic of Seminola Boulevard, which sees 19,863 vehicles daily. The 5-mile trade area is supported by a population of 224,844 and 109,959 daytime employees with an average household income of $114,292.

FOR SALE DETAILS

PRICE

$706,200 USD

PRICE/SF

$244 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Animal Clinic of Casselberry| Modified| 2 Yrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,395 SF

ZONING

CS

APN/PARCEL ID

09-21-30-5BM-0B00-003A

ASK ABOUT THIS PROPERTY

Brian WineTWGREMore Info
323-609-4405

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Brian WineTWGREMore Info
323-609-4405

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.