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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

PROPERTY TAXES

Parcel Number
R508114
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$602,966 CAD
  • Listing ID: 33828149

  • Date on Market: 2024-11-11

  • Last Updated:

  • Address: 6366 S 6th St, Klamath Falls, OR 97603

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