2330 Amherst Ave - Veterinarian/Kennel FOR SALE


Butte, MT 59701
$1,758,016 USD
323-609-4405
2330 Amherst Ave, Butte, MT for Sale
$1,758,016 USD
Veterinarian/Kennel - FOR SALE
1/3
null | 6.89% Cap Rate

2330 Amherst Ave
Butte, MT 59701


HIGHLIGHTS

  • More Than 1 Year Remaining | Annual Rental Increases | Reputable Operator
  • Excellent Visibility | Located Off Amherst Ave | Located Along Major Thoroughfare
  • Strong Demographics in 5-Mile Trade Area | High Barriers to Entry Submarket
  • Limited Landlord Responsibilities | Low-Management

OVERVIEW

TWG is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NNN leased, freestanding, VCA Amherst Animal Hospital investment property located in Butte, Montana. The Tenant, VCA, has over 1 year remaining in their initial term with two (2) 5-Year options to extend. The lease features annual rental increases of 2%. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Founded in 1986, VCA is a family of animal hospitals dedicated to creating a positive impact for pets, people, and communities. They prioritize the well-being of every pet, extending their care beyond the hospitals they operate. VCA Amherst Animal Hospital is strategically located on Amherst Avenue. The site benefits from superior visibility via significant street frontage and a monument sign situated along Amherst Avenue. It shares this busy Butte area with businesses like Burger King, Starbucks, Papa Johns, Holiday Inn Express, and AutoZone. The location benefits from the frequent street traffic of Amherst Avenue, which sees 5,600 vehicles daily. The 5-mile trade area is supported by a population of 33,332 and 16,144 daytime employees with an average household income of $83,102.

FOR SALE DETAILS

PRICE

$1,758,016 USD

PRICE/SF

$755 USD /SF

CAP RATE

6.89%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

VCA Amherst Animal Hospital | NNN | 1 Year

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

22,913 SF

ZONING

C2

APN/PARCEL ID

01-1198-29-2-26-11-0000

ASK ABOUT THIS PROPERTY

Brian WineTWGREMore Info
323-609-4405

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Brian WineTWGREMore Info
323-609-4405

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