22221 S Vermont Ave - Veterinarian/Kennel FOR SALE


Torrance, CA 90502
$1,996,920 USD
310-709-8985
22221 S Vermont Ave, Torrance, CA for Sale
$1,996,920 USD
Veterinarian/Kennel - FOR SALE
1/9
null | 6.5% Cap Rate

22221 S Vermont Ave
Torrance, CA 90502


HIGHLIGHTS

  • Corporate lease guaranteed by PetVet Care Centers (CA), LLC
  • NN+ lease with tenant covering all operating expenses
  • 2% annual rent increases ensure steady income growth
  • Long-standing veterinary hospital with strong local brand
  • Located in affluent South Bay with 550K+ residents nearby
  • Adjacent to major healthcare and luxury residential projects

OVERVIEW

Located in the heart of Torrance’s thriving South Bay submarket, the Torrance Companion Animal Hospital presents a rare opportunity to acquire a stabilized, recession-resistant medical asset backed by institutional-grade tenancy. This ±3,187 SF veterinary facility is operated by PetVet Care Centers, one of the nation’s largest veterinary platforms with over 450 hospitals across 35+ states. The property benefits from a corporate lease guaranteed by PetVet Care Centers (California), LLC, offering investors strong regional credit support and operational diversification. The hospital has served the South Bay community for decades, with significant tenant investment in custom exam rooms, surgical suites, and diagnostic areas—creating high relocation barriers and reinforcing long-term occupancy. The NN+ lease structure ensures passive ownership, with the tenant responsible for all operating expenses, including taxes, insurance (limited), and maintenance. Built-in 2% annual rent escalations provide predictable income growth, while the remaining ±3-year lease term includes two 5-year renewal options. Strategically positioned on S Vermont Avenue, the property enjoys excellent visibility and access to I-405 and I-110, connecting it to the broader Los Angeles metro. Within a 5-mile radius, the population exceeds 550,000 with average household incomes above $120,000, supporting sustained demand for premium veterinary services. Nearby developments, including the $1.17 billion Harbor-UCLA Medical Center redevelopment and the 200-unit Soto luxury apartments, further enhance the area’s appeal and economic vitality. This offering combines stable cash flow, institutional backing, and a prime location in one of Southern California’s most affluent and pet-focused communities.

FOR SALE DETAILS

PRICE

$1,996,920 USD

PRICE/SF

$627 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

M1

APN/PARCEL ID

7344-004-014

ASK ABOUT THIS PROPERTY

Daniel SolomonKidder MathewsMore Info
310-709-8985

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Daniel SolomonKidder MathewsMore Info
310-709-8985

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