232 Center Rd - Veterinarian/Kennel FOR SALE
Monroeville, PA 15146 |
$824,000 USD
949-662-2256
232 Center Rd
Monroeville, PA 15146
HIGHLIGHTS
- STABLE LONG-TERM INVESTMENT | NNN LEASE - There are just under ±9 years remaining on the NNN lease with 3% annual increases
- SCHEDULED RENTAL INCREASES | HEDGE AGAINST INFLATION - The lease features 3% annual rental escalators
- HEALTHCARE REAL ESTATE | RECESSION RESISTANT PROPERTY - Veterinary Hospitals are extremely sought-after investments
- VERY PASSIVE LEASE STRUCTURE - There are minimal landlord responsibilities throughout the lease term, offering a passive investment for both local
- TENANT INVESTMENT IN LOCATION - Pet Hospitals rarely relocate due to the difficulty of retaining the same patients in a new location
- PRIME LOCATION - The ±2,201 SF practice is well positioned off Center Road with direct street frontage and easy access from the main thoroughfare
FOR SALE DETAILS
PRICE
$824,000 USD
PRICE/SF
$374 USD /SF
CAP RATE
7.73%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Monroeville Pet Hospital
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Veterinarian/Kennel
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1950
SPRINKLERS
-
PARKING SPACES
15
LAND DETAILS
LAND ACRES
0.34 AC
LAND SF
14,810 SF
ZONING
-
APN/PARCEL ID
0743-H-00192-0000-00
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949-662-2256
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949-662-2256
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