East Ridge Animal Hospital | 6366 S 6th St
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East Ridge Animal Hospital 6366 S 6th St
6,925 SF Retail Building Klamath Falls, OR 97603 $1,537,955 CAD ($222 CAD/SF) 8% Cap Rate
Investment Highlights
- Corporate Guarantee from Western Veterinary Partners, a National Operator with 240+ locations
- The U.S. Veterinarians’ Market was Valued at $11.92 Billion in 2022 and is Projected to Grow at a CAGR of 8.7% from 2023 to 2030 (Grand View Research)
- Located on South 6th Street, a Key Retail Corridor in Klamath Falls, Oregon
- Attractive Annual Increases: Greater of 2% or CPI | Minimal landlord responsibilities
- Strong and Growing Demand for Veterinary Services, with 23M U.S. Households Purchasing a New Pet Between 2020 and 2021
- Nearby Retailers Include The Home Depot, Albertsons, Sunbelt Rentals, Klamath Community College, Dutch Bros, and more
Executive Summary
Corporate Guarantee | 240+ Unit National Operator | Strong Annual Increases
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
6,925 SF
Year Built
1940
Price
$1,537,955 CAD
Price Per SF
$222 CAD
Cap Rate
8%
NOI
$123,036 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Land Acres
1.03 AC
PROPERTY TAXES
Parcel Number | R508114 | Improvements Assessment | $0 CAD |
Land Assessment | $0 CAD | Total Assessment | $602,966 CAD |
PROPERTY TAXES
Parcel Number
R508114
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$602,966 CAD
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East Ridge Animal Hospital | 6366 S 6th St
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