812 Gilmer Rd - Veterinarian/Kennel FOR SALE


Longview, TX 75604
$1,082,000 USD
214-560-6900
812 Gilmer Rd, Longview, TX for Sale
$1,082,000 USD
Veterinarian/Kennel - FOR SALE
1/4
null | 6.5% Cap Rate

812 Gilmer Rd
Longview, TX 75604


HIGHLIGHTS

  • 6 Years Remaining | Options To Extend | Annual Rental Increases | Experienced Operator
  • NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Northwest Village Shopping Center | Dense Retail Corridor
  • Strong Demographics In The Immediate Trade Area

OVERVIEW

• Valley Veterinary Care Corporate signed lease • 6 years remaining with 2 (5-year) option periods to extend • The lease features 2% annual rental increases throughout the initial term and FMV increases at the beginning of each option period • Valley Veterinary Care’s parent company, Veterinary Innovative Partners is a veterinarian-owned-and-operated network that comprises almost 70 locations across 12 states

FOR SALE DETAILS

PRICE

$1,082,000 USD

PRICE/SF

$265 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valley Veterinary Care | NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

PD-2

APN/PARCEL ID

0369000405-095-00-02

ASK ABOUT THIS PROPERTY

Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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