2143-2147 San Diego Ave - Medical FOR SALE


San Diego, CA 92110- Mission Hills
$4,217,000 USD
858-531-6585
2143-2147 San Diego Ave, San Diego, CA for Sale
$4,217,000 USD
Medical - FOR SALE
1/17
null | 6% Cap Rate

2143-2147 San Diego Ave
San Diego, CA 92110
Mission Hills


HIGHLIGHTS

  • LONG-TERM, TRIPLE-NET LEASE
  • ESTABLISHED OPERATOR WITH MULTI-SERVICE PLATFORM
  • NATIONAL TENANT WITH PRIVATE EQUITY BACKING
  • PET SERVICES GROWTH SECTOR
  • LIMITED SUPPLY, HIGH-BARRIER MARKET
  • AFFLUENT, DENSE DEMOGRAPHICS

OVERVIEW

Dr. Boyd’s Pet Resort offers investors the rare opportunity to acquire a high-profile, single-tenant asset located in the heart of San Diego, California. The approximately 8,100 square foot facility is positioned along San Diego Avenue, adjacent to Interstate 5, providing excellent visibility and exposure to thousands of vehicles daily. The property’s central location offers convenient access to downtown San Diego, the San Diego International Airport, and surrounding affluent communities. Dr. Boyd’s Pet Resort provides a full range of veterinary services, boarding, and pet care. Their San Diego facility operates as part of Thrive Pet Healthcare Partners, a national veterinary platform with over 360 locations and 1.4 million pets served annually. Thrive’s involvement significantly enhances the credit profile of the asset, offering investors long-term stability and institutional backing. The property is encumbered by a triple net lease with 6.9 years remaining, guaranteed by Thrive Pet Healthcare, minimal landlord responsibilities and attractive annual rental increases. Thrive’s corporate guarantee coupled with the property’s irreplaceable location and high daily traffic exposure offers investors durable cash flow with minimal management oversight. Upon closing, the selected purchaser will assume the existing lease with Dr. Boyd’s Pet Resort, providing secure income backed by one of the most active veterinary consolidators in the nation.

FOR SALE DETAILS

PRICE

$4,217,000 USD

PRICE/SF

$521 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dr. Boyd's Pet Resort

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1936

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

MCCPD-CL-6

APN/PARCEL ID

451-711-37

ASK ABOUT THIS PROPERTY

Michael CampbellERE Healthcare Real Estate AdvisorsMore Info
858-531-6585

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Michael CampbellERE Healthcare Real Estate AdvisorsMore Info
858-531-6585

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