Investment Opportunity – Commercial Real Estate

New Listing
Listing Number: NCP2 |

Free standing veterinary facility for sale. This property is occupied by a large corporate consolidator that operates over 900 practices in North America. Currently partway through the first 5 year term, with three more 5 year options. Facility has 2860 sq. ft. and 3 exam rooms. An additional building on the same lot has 572 sq. ft. current used as a garage/storage area, for a total of 3432 square feet. Triple net (NNN) lease paying just over $87,000 annually. This is an investment opportunity, the current veterinary business will not be vacating the building. Priced at $1,200,000. (7.3% cap rate)

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Investment Opportunity - Commercial Real Estate