1275 Tunnel Rd - Medical FOR SALE


Asheville, NC 28805- Blue Ridge
$1,999,000 USD
828-281-4024
1275 Tunnel Rd, Asheville, NC for Sale
$1,999,000 USD
Medical - FOR SALE
1/17
null | Request Cap Rate

1275 Tunnel Rd
Asheville, NC 28805
Blue Ridge


HIGHLIGHTS

  • Established, 44-year-old veterinary practice with 2 locations for sale (see also 1304 Hendersonville Rd., Asheville, NC - Animal Hospital South)
  • Acquired in 2024 by Blue River PetCare, a national veterinary group with over 200 locations in the US
  • Dominant pet hospital serving east Asheville
  • 2nd floor leased to two apartments
  • Prominent signage on Tunnel Rd. (US Hwy 70), a major 4-lane commercial corridor
  • Blue River PetCare’s commitment to Asheville will ensure a stable, long-term investment for the purchaser

OVERVIEW

Clover Vet Properties, LLC, through G/M Property Group, LLC as its exclusive agent, is soliciting offers for the purchase of 1275 Tunnel Road, Asheville, NC 28805(aka "Animal Hospital East"). Outstanding investment opportunity anchored by a national veterinary practice ensuring long term stability and income appreciation. 2-level building with veterinary hospital on the ground floor and two walkup apartments on the 2nd floor. Paved on-site parking for 13 vehicles. Tenant Profile: Blue River PetCare was founded in 2009 and is headquartered in Chicago, Illinois. In July 2019, Swiss-based firm Partners Group made a strategic equity investment in Blue River. The founding team retained a significant stake, and the funding helped accelerate further growth and acquisition activity. As of mid-2025, Blue River operates in 39 U.S. states across 200+ practices, making it one of the larger veterinary consolidators in the country. Their vision: to create a community-driven veterinary operator that preserves the legacies of acquired practices while providing centralized support and capital. In June 2025, Blue River PetCare earned Great Place To Work® Certification, with 85% of employees reporting a positive workplace experience—far above the U.S. average of 57%, and 28 points above typical employers. See attached brochure for full details. **Note: 2nd location also for sale (see 1304 Hendersonville Rd, Asheville, NC 28803 - Animal Hospital South)**

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/SF

$403 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1275 Tunnel RD., Asheville NC

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

2.37 AC

LAND SF

103,237 SF

ZONING

HB

APN/PARCEL ID

9668-75-5822-00000

ASK ABOUT THIS PROPERTY

John MenkesG/M Property GroupMore Info
828-281-4024

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John MenkesG/M Property GroupMore Info
828-281-4024

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