29490 Sibley Rd - Veterinarian/Kennel FOR SALE
Romulus, MI 48174 |
$1,022,400 USD
424-277-6755
29490 Sibley Rd
Romulus, MI 48174
HIGHLIGHTS
- 5-Year renewal option just exercised, extending lease through July 31, 2031
- Only full-service veterinary hospital in Romulus with nearest competitor 10+ miles away
- 2% annual rental increases providing built-in rent growth and inflation hedge
- Vetcor operates 900+ community-based animal hospitals throughout the U.S. and Canada
- Located near Detroit Metropolitan Wayne County Airport, Michigan's busiest airport
- Global veterinary services market projected to reach $263.1 billion by 2034
FOR SALE DETAILS
PRICE
$1,022,400 USD
PRICE/SF
$199 USD /SF
CAP RATE
8.58%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Willowood Acres Veterinary Clinic
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Veterinarian/Kennel
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1983
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
C1
APN/PARCEL ID
75-008-99-0019-701
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424-277-6755
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424-277-6755
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