$1,748,571 USD
602-849-1240
750 S Nova Rd
Ormond Beach, FL 32174
Outer Ormand Beach
HIGHLIGHTS
- Full Service Veterinary Hospital: This facility provides a comprehensive range of services
- Stable Long-Term Investment | Option to Extend: There are just under 9 years remaining on the lease, with one (1), five (5) year option to extend
- Scheduled Rental Increases: The lease features 2% annual rental increases, providing a future owner with a boost in cash flow
- High Traffic Location | Direct Frontage: Strategically located directly off S Nova Rd, the ±3,400 SF practice offers exceptional visibility
- Mission Pet Health Corporate Guaranty: The lease features a corporate guaranty from Mission Pet Health
- Extensively Renovated in 2023: In 2023, the property underwent over $500,000 in capital improvements, addressing both cosmetic and functional elements
FOR SALE DETAILS
PRICE
$1,748,571 USD
PRICE/SF
$520 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Mission Pet Health
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1974
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.71 AC
LAND SF
30,800 SF
ZONING
-
APN/PARCEL ID
4242-03-04-0210
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602-849-1240
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602-849-1240
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