2355 Cedarcrest Rd - Veterinarian/Kennel FOR SALE
Acworth, GA 30101 |
$6,426,666 USD
424-277-6755
2355 Cedarcrest Rd
Acworth, GA 30101
HIGHLIGHTS
- STABLE LONG-TERM INVESTMENT | OPTIONS TO EXTEND- There are just under 12 years remaining on the leases with two, 5-year options to extend.
- HEALTHCARE REAL ESTATE | RECESSION RESISTANT PROPERTY- Veterinary hospitals are extremely sought-after investments.
- COMPREHENSIVE SERVICES | MULTI-DOCTOR LOCATIONS- Cedarcrest Animal Hospital offers a wide range of services, including wellness exams.
- SCHEDULED RENTAL INCREASES | HEDGE AGAINST INFLATION- The leases feature 3% annual rental increases.
- TENANT INVESTMENT IN LOCATION- Pet hospitals rarely relocate due to difficulty retaining the same patients in a new location.
- BELOW REPLACEMENT COST- Priced at a blended $257 per square foot, the portfolio is being offered well below current replacement costs.
FOR SALE DETAILS
PRICE
$6,426,666 USD
PRICE/SF
$391 USD /SF
CAP RATE
7.14%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
SOUTHERN VETERINARY PARTNERS PORTFOLIO
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Veterinarian/Kennel
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.09 AC
LAND SF
47,480 SF
ZONING
-
APN/PARCEL ID
034.1.1.016.0000
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
424-277-6755
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
424-277-6755
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
