28282 Dorothy Dr - Veterinarian/Kennel FOR SALE


Agoura Hills, CA 91301- Historic Quarter
$2,545,670 USD
310-709-8985
28282 Dorothy Dr, Agoura Hills, CA for Sale
$2,545,670 USD
Veterinarian/Kennel - FOR SALE
1/7
null | 6% Cap Rate

28282 Dorothy Dr
Agoura Hills, CA 91301
Historic Quarter


HIGHLIGHTS

  • Lease features a corporate guaranty from Vetcor – a leading acquiror and operator of general practice veterinary hospitals across the US & Canada.
  • Lease features above average 2.5% annual rental increases, delivering stronger rent growth and inflation protection over lease term.
  • This practice is a well-known staple in the Agoura Hills & nearby communities, in operation for 30+ years.
  • The property caters to over 62,053 residents within a 5 mile radius and 450,452 residents within a 10 mile radius, with an average household income of
  • Agoura Hills is a pocket of strong residential and commercial expansion, surrounded by desirable neighborhoods and luxury residential communities.
  • The global veterinary services market, valued at $150 billion in 2024, is projected to grow at an 8.7% CAGR from 2023 to 2030.

OVERVIEW

Positioned in the heart of affluent Agoura Hills, this NNN-leased veterinary hospital offers a rare opportunity to acquire a stabilized, passive investment backed by a corporate guaranty from VetCor, a leading veterinary operator with over 905 practices across North America. The ±3,560 SF facility sits on a ±11,898 SF parcel with excellent visibility and access just off the 101 Freeway, benefiting from over 11,000 vehicles per day on Dorothy Drive and 144,000+ VPD nearby. The tenant, Agoura Animal Clinic, has been a trusted name in the community for over 30 years and was acquired by VetCor due to its exceptional performance. The lease includes 2.5% annual rental increases, providing built-in inflation protection and long-term income growth. With ±4.5 years remaining on the initial term and two 5-year renewal options, this asset offers both security and upside. Agoura Hills is a high-income, supply-constrained market with a growing residential base and strong economic fundamentals. The property is adjacent to the Eastwood Ranch Foundation Rescue & Adoption Center, which consistently refers patients to the clinic, ensuring a steady stream of clientele. Surrounded by luxury housing, national retailers, and upcoming multifamily developments, the location is poised for continued appreciation. This offering is ideal for investors seeking a recession-resistant, healthcare-aligned asset with minimal landlord responsibilities and a strong tenant covenant.

FOR SALE DETAILS

PRICE

$2,545,670 USD

PRICE/SF

$715 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,739 SF

ZONING

CRS-FC

APN/PARCEL ID

2061-012-002

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 Policy.