This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

941 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

DESTINATION PET 925 Spears Creek Ct

15,000 SF Retail Building Elgin, SC 29045 $1,848,600 CAD ($123 CAD/SF) 7.32% Cap Rate

Retail Space South Carolina Elgin 925 Spears Creek Ct, Elgin, SC 29045

Investment Highlights

  • DESTINATION PET | PREMIER PET BOARDING OPERATOR | Destination Pet is one of the leading providers of pet healthcare services in the US.
  • SCHEDULED RENTAL INCREASES | HEDGE AGAINST INFLATION | The lease features 10% rental increases every 5 years, providing a future owner with a boost in
  • EXCELLENT LOCATION | The ±15,000 SF facility is situated off Interstate 20, offering high visibility and convenient access to surrounding communities.
  • STABLE INVESTMENT | NNN LEASE | OPTIONS TO EXTEND | There are over 7 years remaining on the lease with four (4), 5-year options to extend.
  • HEALTHCARE REAL ESTATE | RECESSION RESISTANT PROPERTY | Pet service facilities are extremely sought-after investments.
  • BELOW MARKET RENT | Tenant’s current rental rate is below market which ensures landlord has replaceable rent.

Executive Summary

Broker of Record
Kyle Matthews
License No. 22684 (SC)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
15,000 SF
Building Class
B
Year Built
2004
Price
$1,848,600 CAD
Price Per SF
$123 CAD
Cap Rate
7.32%
NOI
$135,374 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.60 AC
Zoning
M-1
Parking
40 Spaces (2.67 Spaces per 1,000 SF Leased)
Frontage
214 ft on Spears Creek Ct

Links

1 of 1

PROPERTY TAXES

Parcel Number 28802-02-01 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $1,515,568 CAD

PROPERTY TAXES

Parcel Number
28802-02-01
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,515,568 CAD
(949) 662-2256

Contacts

  • Listing ID: 33777731

  • Date on Market: 2024-11-06

  • Last Updated:

  • Address: 925 Spears Creek Ct, Elgin, SC 29045

The Retail Property at 925 Spears Creek Ct, Elgin, SC 29045 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/4
925 Spears Creek Ct, Elgin, SC for sale Building Photo- Image 1 of 4
hero
925 Spears Creek Ct, Elgin, SC for sale Building Photo- Image 2 of 4
2nd
925 Spears Creek Ct, Elgin, SC for sale Building Photo- Image 3 of 4
map

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

DESTINATION PET | 925 Spears Creek Ct
(949) 662-2256 x

DESTINATION PET | 925 Spears Creek Ct

1/3

Andrew Evans

(949) 662-2256

(949) 662-2256

Rahul Chhajed

(818) 434-1106

(818) 434-1106

Michael Moreno

(949) 432-4511

(949) 432-4511

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link