203 N Greer Blvd - Veterinarian/Kennel FOR SALE
Pittsburg, TX 75686 |
$516,663 USD
424-277-6755
203 N Greer Blvd
Pittsburg, TX 75686
HIGHLIGHTS
- Passive Lease Structure: This investment offers a potential investor a very passive, investment for both local and national investors.
- Established Local Operator: Pittsburg Veterinary Clinic has served the Pittsburg, TX community for over 40 years.
- Tenant Investment in Location: Veterinary clinics rarely relocate due to difficulty retaining the same patients in a new location.
- Scheduled Rental Increases: Annual rental increases provides a future owner with a boost in cash flow and return on their investment.
- Easy Access to Surrounding Markets: The clinic is strategically located in a residential town that sits at the cross section of the 11 & 271 freeways.
- Recession Resistant Property: Veterinary properties are extremely sought-after investments for their resistance to downturns in the economy.
FOR SALE DETAILS
PRICE
$516,663 USD
PRICE/SF
$233 USD /SF
CAP RATE
8.92%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Pittsburg Veterinary Clinic
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Veterinarian/Kennel
ADD'L SUBTYPES
Medical
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.39 AC
LAND SF
60,548 SF
ZONING
-
APN/PARCEL ID
6996
ASK ABOUT THIS PROPERTY
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424-277-6755
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424-277-6755
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