$1,820,690 USD
949-662-2256
3415 Governors Dr SW
Huntsville, AL 35805
West Huntsville
HIGHLIGHTS
- LONG- TERM STABLE INVESTMENT | There are ±9.7 years remaining on the NNN lease with 3% annual increases and two, 5-year options to extend the lease.
- VERY PASSIVE LEASE STRUCTURE | There are minimal landlord responsibilities throughout the lease term, offering a passive investment for both local.
- SCHEDULED RENTAL INCREASES I HEDGE AGAINST INFLATION The lease features 3% annual rental escalators, providing a future owner.
- TENANT INVESTMENT IN LOCATION | Veterinary hospitals rarely relocate due to the difficulty of retaining the same patients in a new location.
- ROBUST GROWTH INDUSTRY | The global veterinary services market size is expected to reach $142 billion by 2025, with a CAGR of 5.6% during that period.
FOR SALE DETAILS
PRICE
$1,820,690 USD
PRICE/SF
$182 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Health Care
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
-
YEAR BUILT
1966
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.73 AC
LAND SF
31,597 SF
ZONING
-
APN/PARCEL ID
17-02-03-4-001-025.000
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949-662-2256
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949-662-2256
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
