1159 Wills Rd - Commercial LAND FOR SALE
Boaz, AL 35957 | 17,620 SF
$1,548,387 USD
949-662-2256
1159 Wills Rd
Boaz, AL 35957
HIGHLIGHTS
- LONG- TERM STABLE INVESTMENT | There are ±9.7 years remaining on the NNN lease with 3% annual increases and two, 5-year options to extend the lease.
- VERY PASSIVE LEASE STRUCTURE | There are minimal landlord responsibilities throughout the lease term, offering a passive investment.
- SCHEDULED RENTAL INCREASES I HEDGE AGAINST INFLATION The lease features 3% annual rental escalators.
- HEALTHCARE REAL ESTATE I RECESSION RESISTANT PROPERTY | Veterinary hospitals are extremely sought-after investments for their resistance to downturns.
- TENANT INVESTMENT IN LOCATION | Veterinary hospitals rarely relocate due to the difficulty of retaining the same patients.
- ROBUST GROWTH INDUSTRY | The global veterinary services market size is expected to reach $142 billion by 2025, with a CAGR of 5.6% during that period.
FOR SALE DETAILS
PRICE
$1,548,387 USD
PRICE/ACRE
$3,828,342/AC
PRICE/SF
$88 USD /SF
# OF LOTS
-
LAND DETAILS
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Commercial
LAND PROPOSED USE
-
LAND ACRES
0.4 AC
LAND SF
17,618 SF
OFFSITE IMPROVEMENTS
-
ZONING
-
APN/PARCEL ID
180931-1-001-006000
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949-662-2256
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949-662-2256
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