4901 Biddle Rd - Veterinarian/Kennel FOR SALE


Central Point, OR 97502
$4,230,000 USD
541-890-6708
4901 Biddle Rd, Central Point, OR for Sale
$4,230,000 USD
Veterinarian/Kennel - FOR SALE
1/45
null | 6% Cap Rate

4901 Biddle Rd
Central Point, OR 97502


HIGHLIGHTS

  • Single-tenant medical clinic built in 2017 and custom-designed for veterinary care.
  • Located near I-5 with easy access to surrounding cities and visibility from Biddle Road.
  • Occupied by a nationally backed operator with over 1,500 clinics worldwide.
  • 52 on-site parking spaces and a flexible layout suited for future medical or commercial use.

OVERVIEW

4901 Biddle Road - a high-quality, single tenant net leased medical clinic located in beautiful Central Point, Oregon (the "Property")! The Property presents an extremely rare opportunity to acquire a trophy medical clinic, enjoying the winning combination of easy access, convenient location, recent construction, and being the leading referral center for veterinary urgent care in the entire Southern Oregon region. Built in 2017, the clinic was completely built-out to perfectly fit the tenant, and remains flexible for future uses, if ever needed. The interior layout features approximately 11,605 square feet across the single level building. The large and comfortable waiting area and reception counter leads to a numerous exam rooms, fully built-out operating rooms, radiological imaging rooms, labs, storage, kennels, private offices, and much more. Parking is abundant and convenient, with 52 dedicated parking spaces. Located less than one mile from Exit 33 of Interstate 5, the Property is nearly perfectly central for all patients between Eugene and Redding. In the surrounding neighborhood, the rapidly growing city of Central Point is home to the region's only Costco, the Rogue Valley Intl. Airport (~1MM annual travelers and growing), the region's first Amazon distribution center, the Jackson County Expo and Fairgrounds, and enjoys strong demographics with over $80k median household income and $507k+ median home prices. While having direct line-of-sight visibility from Biddle Road (27k+ VPD), the Property is set one building back, which allows for additional parking and a more peaceful setting. Large signage is placed directly on Biddle Road and several other locations. The tenant, Southern Oregon Veterinary Specialty Center, is wholly owned and operated by National Veterinary Associates (NVA). NVA owns and manages over 1,500 veterinary hospitals and pet resorts across the globe, producing in excess of $6B+ in annual revenue, with a potential IPO in the coming years. The opportunity is clear at 4901 Biddle Road for those seeking a long-term investment in high quality medical clinic space. Contact brokers today for more info.

FOR SALE DETAILS

PRICE

$4,230,000 USD

PRICE/SF

$364 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

ADD'L SUBTYPES

Freestanding, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1.43 AC

LAND SF

62,097 SF

ZONING

C-5

APN/PARCEL ID

11005033

ASK ABOUT THIS PROPERTY

Scott KingMerit Commercial Real Estate LLCMore Info
541-890-6708

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Scott KingMerit Commercial Real Estate LLCMore Info
541-890-6708

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.