$3,209,971 USD
332-345-4164
649 W Boston Post Rd
Mamaroneck, NY 10543
Larchmont/Mamaroneck
HIGHLIGHTS
- Long Term Lease | The original 10-year double-net lease, currently has over six years remaining. The lease features 2% annual increases
- Strong PE Backed Operator | PetVet is a premier operator of veterinary hospitals across the nation. With over 450 sites in 40 states within the US
- E-Commerce & Recession-Resistant Property
OVERVIEW
Surmount is pleased to present the exclusive listing for a PetVet located at 649 West Boston Post Road, Mamaroneck, New York 10543. The site consists of roughly 7876 rentable square feet of building space on an estimated 0.24-acre parcel of land. This PetVet is subject to a 10-year Double Net (NN) lease, which commenced 6/16/2021. The current annual rent is $232,723 and has scheduled increases of 2.00% Annually.
FOR SALE DETAILS
PRICE
$3,209,971 USD
PRICE/SF
$408 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
PetVet
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Veterinarian/Kennel
ADD'L SUBTYPES
Veterinarian/Kennel
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1940
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.24 AC
LAND SF
10,353 SF
ZONING
C1
APN/PARCEL ID
3203-009-000-00020-000-0439
ASK ABOUT THIS PROPERTY
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332-345-4164
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332-345-4164
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