3591 Keystone Rd - Medical FOR SALE
Tarpon Springs, FL 34688 |
$2,116,150 USD
949-662-2256
3591 Keystone Rd
Tarpon Springs, FL 34688
HIGHLIGHTS
- There are over 5 years remaining on the NNN lease with 2% annual increases and three, 5-year options to extend the lease.
- The lease features annual rental escalators, providing a future owner with a boost in cash flow and a hedge against inflation.
- Pet Hospitals rarely relocate due to the difficulty of retaining the same patients in a new location.
- There are minimal landlord responsibilities throughout the lease term, offering a passive investment for both local and national investors.
- 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
$2,116,150 USD
PRICE/SF
$320 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
ST. FRANCIS PET CARE CENTER (THRIVE)
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Fast Food, Veterinarian/Kennel
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
33
LAND DETAILS
LAND ACRES
2 AC
LAND SF
87,120 SF
ZONING
AE
APN/PARCEL ID
11-27-16-00000-340-0110
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949-662-2256
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949-662-2256
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