$1,200,787 USD
949-662-2256
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.
- STRATEGICALLY LOCATED FACILITY: This center is ideally positioned near a major east-west highway and key arterial routes.
- PRIME LOCATION: The ±4,480 SF hospital is well situated along SE Division Street, offering direct street frontage and easy access to major highways.
FOR SALE DETAILS
PRICE
$1,200,787 USD
PRICE/SF
$310 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
TOWN & COUNTRY ANIMAL HOSPITAL (LVG)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Veterinarian/Kennel
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1974
SPRINKLERS
-
PARKING SPACES
16
LAND DETAILS
LAND ACRES
0.35 AC
LAND SF
15,050 SF
ZONING
CG
APN/PARCEL ID
R331916
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949-662-2256
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Please correct the highlighted field(s).
949-662-2256
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