12515 SE Division St - Veterinarian/Kennel FOR SALE
Portland, OR 97236 |
12515 SE Division St
Portland, OR 97236
HIGHLIGHTS
- STABLE INVESTMENT: There are over 2 years remaining on the NNN lease with annual increases and Two, 3-year options to extend the lease.
- HIGH-CALIBER OPERATOR: The property is leased to Lakefield Veterinary Group which operates 80+ locations in 12 states.
- 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.
- VERY PASSIVE LEASE STRUCTURE: There are minimal landlord responsibilities throughout the lease term.
- LONG-TERM OPERATING HISTORY: Since 1985, Town and Country Animal Hospital has been proudly serving the Southeast Portland, OR community.
- PRIME LOCATION: The ±4,480 SF hospital is well positioned along SW Division Street, offering direct street frontage and easy access.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Lakefield Veterinary Group | Portland, OR
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Veterinarian/Kennel
TOTAL BUILDING SIZE
4480
STORIES
1
YEAR BUILT
1974
SPRINKLERS
-
PARKING SPACES
16
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
R331916
