Animal Hospital of Rye | NNN | 4 Years | 2875 Valley Rd
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Animal Hospital of Rye | NNN | 4 Years 2875 Valley Rd
5,800 SF Office Building Marysville, PA 17053 $1,174,309 CAD ($202 CAD/SF) 8.99% Cap Rate
Investment Highlights
- 4 YEARS REMAINING | ANNUAL RENTAL INCREASES | REPUTABLE OPERATOR
- STRONG DEMOGRAPHICS IN 5-MILE TRADE AREA | HIGH BARRIERS TO ENTRY SUBMARKET
- EXCELLENT VISIBILITY | LOCATED OFF VALLEY ROAD | LOCATED ALONG MAJOR THOROUGHFARE
- LIMITED LANDLORD RESPONSIBILITIES | LOW-MANAGEMENT
Executive Summary
TWG is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NNN leased, freestanding, Animal Hospital of Rye investment property located in Marysville, Pennsylvania. The Tenant, VetCor, has over 4 years remaining in their initial term with 3 (three) 5-year options to extend. The lease features annual increases of 2%. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Established in 1997, Vetcor has constructed a community-centric veterinary services company that supports over 845 practices across the United States and Canada.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
5,800 SF
Building Class
C
Year Built
1989
Price
$1,174,309 CAD
Price Per SF
$202 CAD
Cap Rate
8.99%
NOI
$105,550 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,800 SF
Building FAR
0.09
Lot Size
1.55 AC
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Animal Hospital of Rye | NNN | 4 Years | 2875 Valley Rd
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