8109 8109 Highway 63 - Health Care FOR SALE


Clinton, LA 70722- East Feliciana Parish
$725,000 USD
215-437-0720
8109 8109 Highway 63, Clinton, LA for Sale
$725,000 USD
Health Care - FOR SALE
1/4
null | 8.75% Cap Rate

8109 8109 Highway 63
Clinton, LA 70722
East Feliciana Parish


OVERVIEW

LONG-TERM PASSIVE INCOME INVESTMENT The lease features a remaining term of approximately 7+ years. Available at a financeable market cap rate, this investment opportunity provides guaranteed long term passive income at an attractive yield. CORPORATE LEASE GUARANTEE Alliance Animal Health is a veterinary services organization with 214 locations nationwide. Alliance recently reached 200 locations in 2024 and continues to expand its footprint partnering with new practices at a rate of nearly one a month since reaching this milestone. NET LEASE WITH SCHEDULED RENTAL INCREASES The lease features limited Landlord responsibilities with scheduled rent increases of 2.0% each year. Built in 1994, HVAC was recently replaced in 2024. In 2018, the kennel area was completely remodeled which included new outdoor runs. DESIRABLE PRACTICE PROFILE WITH STABLE UNIT LEVEL PERFORMANCE Clinton Animal Hospital consists of two full-time veterinarians and one part-time veterinarian that offer a wide array of services including surgery. This group, collectively, generates market level revenue comparable to any veterinary practice of its size—contact Broker for more details. ESTABLISHED PRACTICE WITH LONG OPERATING HISTORY Established in 1980, Clinton Animal Hospital has a strong track record of serving the local community and beyond for nearly 45 years.

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$307 USD /SF

CAP RATE

8.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clinton Animal Hospital

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

51-00020100

ASK ABOUT THIS PROPERTY

Nate ClelandGreysteelMore Info
215-437-0720

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Nate ClelandGreysteelMore Info
215-437-0720

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