6324 Oleander Dr - Veterinarian/Kennel FOR SALE
Wilmington, NC 28403 |
$1,580,000 USD
332-345-4164
6324 Oleander Dr
Wilmington, NC 28403
HIGHLIGHTS
- Favorable Lease Terms There are over two years remaining on an original twenty year absolute triple-net lease, with no landlord responsibilities
- Corporate Guarantee VCA has over 1,000 hospitals and over 7,000 fully qualified, dedicated and compassionate veterinarians to give pets the very best
- E-Commerce & Recession-Resistant Property Veterinary properties are extremely sought-after investments for their resistance to downturns in economy
- Robust Industry Growth
OVERVIEW
Surmount is pleased to present the exclusive listing for a VCA Animal Hospital located at 6324 Oleander Dr, Wilmington, NC 28403. The site consists of roughly 4,400 rentable square feet of building space on an estimated 0.64-acre parcel of land. This VCA Animal Hospital is subject to a 20-year Triple Net (NNN) lease, which commenced 1/22/2008. The current annual rent is $126,400 and has scheduled increases of 2.50% annually.
FOR SALE DETAILS
PRICE
$1,580,000 USD
PRICE/SF
$158 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
VCA Animal Hospital
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Veterinarian/Kennel
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.64 AC
LAND SF
28,027 SF
ZONING
O&I
APN/PARCEL ID
R05620-004-012-000
ASK ABOUT THIS PROPERTY
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332-345-4164
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332-345-4164
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