8109 Highway 63 - Veterinarian/Kennel FOR SALE


Clinton, LA 70722- East Feliciana Parish
$727,406 USD
215-967-4760
8109 Highway 63, Clinton, LA for Sale
$727,406 USD
Veterinarian/Kennel - FOR SALE
1/4
null | 8.75% Cap Rate

8109 Highway 63
Clinton, LA 70722
East Feliciana Parish


OVERVIEW

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, the property features metal roof construction with an HVAC system that was recently upgraded and 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 is staffed by two full-time veterinarians, with an additional full-time veterinarian currently in the onboarding process, along with one part-time veterinarian. The practice offers a comprehensive range of services, including surgery. Collectively, the veterinary team generates market-level revenue consistent with similarly sized practices — contact Broker for more details. ESTABLISHED PRACTICE WITH FAVORABLE HEALTH RATIO/ RENT-TO-SALES Founded in 1980, Clinton Animal Hospital has a nearly 45-year history of serving the local and regional community. The practice operates with a strong financial profile, including a favorable rent-to-sales ratio of under 5% — contact Broker for more details.

FOR SALE DETAILS

PRICE

$727,406 USD

PRICE/SF

$308 USD /SF

CAP RATE

8.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clinton Animal Hospital

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

ADD'L SUBTYPES

Hospital

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

51-00020100

ASK ABOUT THIS PROPERTY

Nate ClelandGreysteelMore Info
215-967-4760

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Nate ClelandGreysteelMore Info
215-967-4760

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