59 Lafayette Rd - Drug Store FOR SALE


Salisbury, MA 01952
$1,750,000 USD
404-207-1171
59 Lafayette Rd, Salisbury, MA for Sale
$1,750,000 USD
Drug Store - FOR SALE
1/3
null | 25% Cap Rate

59 Lafayette Rd
Salisbury, MA 01952


HIGHLIGHTS

  • Well-Established Business & Real Estate: Includes Real Estate Valued at $550,000 With a Fully Operational and Profitable Business
  • Turnkey Operation: Fully Equipped and Staffed, Allowing For Seamless Ownership Transition
  • Prime Location: Strategically Positioned to Serve a Growing Client Base in Salisbury, Newburyport, Seabrook, Amesbury, and Haverhill
  • Strong Financials: Gross Revenue: $1,080,000; Net Operating Income (NOI): $438,277 and Cap Rate: 25.04% – Exceptional Return on Investment
  • Growing & Loyal Clientele: 85% Client Retention and 15-20 New Clients Per Month
  • Comprehensive Equipment Package: Includes Lab Equipment, Dental Equipment, Digital X-Ray Machine, Surgical Tools, Anesthesia Machines Etc.

OVERVIEW

Sands Investment Group is Pleased to Exclusively Offer For Sale the Animal Health Center Located at 59 Lafayette Road in Salisbury, MA. This is a Rare Opportunity to Acquire a Well-Established Veterinary Practice That is a Turnkey Operation That Boasts an 85% Client Retention Rate. With Strong Vendor Relationships, This is a Highly Profitable, Recession-Resistant Investment in a Prime Market. In Cooperation With Sands Investment Group Massachusetts, LLC - Lic. #424071-RE-LC BoR: Tom Gorman - Lic. MA #1000609-RB

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$530 USD /SF

CAP RATE

25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Animal Health Center of Salisbury - MA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,131 SF

ZONING

-

APN/PARCEL ID

SALI-000017-000000-000059

ASK ABOUT THIS PROPERTY

Lasha KortavaSands Investment Group Atlanta, LLCMore Info
404-207-1171

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Lasha KortavaSands Investment Group Atlanta, LLCMore Info
404-207-1171

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