431 S Governors Hwy - Veterinarian/Kennel FOR SALE
Peotone, IL 60468 |
$1,349,618 USD
949-662-2256
431 S Governors Hwy
Peotone, IL 60468
HIGHLIGHTS
- Stable Investment – There are just under ±10 years remaining on the NNN lease with annual increases and two, seven-year options to extend the lease
- Scheduled Rental Increases | Hedge Against Inflation – The lease features annual rental escalators
- Healthcare Real Estate | Recession Resistant Property – Veterinary hospitals are extremely sought-after investments for their resistance to downturns
- Prime Location – The ±3,214 SF practice is ideally located along Governors Hwy, offering excellent visibility and easy access to transportation routes
- Comprehensive Services | Multi-Doctor Location – Peotone Animal Hospital offers a range of veterinary services, including dentistry and more
- 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
$1,349,618 USD
PRICE/SF
$544 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Peotone Animal Hospital
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Veterinarian/Kennel
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1990
SPRINKLERS
-
PARKING SPACES
33
LAND DETAILS
LAND ACRES
0.86 AC
LAND SF
37,462 SF
ZONING
-
APN/PARCEL ID
17-20-24-418-011
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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 Notice.
