955 Cowen Dr - Veterinarian/Kennel FOR SALE
Carbondale, CO 81623 |
$2,659,600 USD
949-662-2256
955 Cowen Dr
Carbondale, CO 81623
HIGHLIGHTS
- Stable Investment – Approximately ±7 years remain on a NNN lease featuring minimal landlord responsibilities
- Built-In Income Growth – The lease includes 3% annual rental escalations, providing consistent income growth
- Extension Options Provide Long-Term Stability – The tenant holds Two, 5-year renewal options
- Recession-Resistant Asset Class – Veterinary hospitals are considered highly resilient to economic downturns and are insulated from e commerce
- Multi-Service Veterinary Practice – Red Hill Animal Health Center offers a full suite of services—including emergency care, surgery, diagnostics
- Tenant Commitment to Location – Veterinary practices are rarely relocated due to high relocation and build-out costs
FOR SALE DETAILS
PRICE
$2,659,600 USD
PRICE/SF
$402 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Red Hill Animal Health Center | NNN Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Veterinarian/Kennel
ADD'L SUBTYPES
Fast Food
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.76 AC
LAND SF
33,106 SF
ZONING
Mixed use
APN/PARCEL ID
R590041
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949-662-2256
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949-662-2256
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