28326 S Western Ave - Veterinarian/Kennel FOR SALE
Rancho Palos Verdes, CA 90275 |
$4,020,672 USD
949-662-2256
28326 S Western Ave
Rancho Palos Verdes, CA 90275
HIGHLIGHTS
- There are over 5 years remaining on the NNN lease with annual rental increases and two, 5-year options to extend.
- The lease features annual rental increases (the greater of 2% or CPI), providing a future owner with a boost in cash flow.
- The 8,531 SF veterinary hospital is located on the high-traffic corner of S Western Ave & Westmont Dr, seeing more that 52,000 VPD.
- The property is positioned within an affluent market, catering to more than 341K residents within a 5-mile radius of site.
- PetVet Care Centers is one of the leading veterinary practice partners in the nation, with more than 460 locations across 40 states.
FOR SALE DETAILS
PRICE
$4,020,672 USD
PRICE/SF
$475 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
PetVet Care Centers | 460+ Unit Operator
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Veterinarian/Kennel
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1976
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.91 AC
LAND SF
39,640 SF
ZONING
RS-4
APN/PARCEL ID
7444-001-005
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949-662-2256
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949-662-2256
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