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Off Market
1/4

203 Government Ave
Valparaiso, FL 32580


HIGHLIGHTS

  • Established National Tenant: Innovetive Petcare is a leading integrated veterinary healthcare platform with more than 80 locations across 16 states
  • Experienced Operator in Growth Mode: Founded in 2015, the company specializes in acquiring and operating both specialty
  • Strategic Relocation to Upgraded Facility: The tenant relocated to this larger facility to meet increased patient demand
  • Recent Capital Improvements: Significant upgrades were completed in anticipation of the clinic’s opening
  • Secure, Long-Term Lease Structure: The 15-year Triple Net (NNN) lease offers passive ownership with minimal landlord responsibilities
  • Strong Demographic and Market Fundamentals: Located in Niceville, FL, a high-demand Gulf Coast market near Destin

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Innovetive Petcare - Niceville, FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

TOTAL BUILDING SIZE

4800

STORIES

1

YEAR BUILT

1955

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

12-1S-23-1230-0006-0010