Description
Single tenant net leased investment occupied by PetVet care Centers a strong national veterinary network of over 425 hospitals. Eight years left on the current ten years lease with two five-year options. Current net income is $110,000 per year with current cap rate 6.28%. Rent is increased 3% every year. Strong location with visibility from busy Santa Fe Drive.
$1,750,000
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0BEDS
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1.6ACRES
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0BATHS
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01/2 BATHS
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8,000SQFT
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$219$/SQFT
Neighborhood:
Type:
Commercial
Built:
2007
County:
Area:
School Ratings & Info
Description
Single tenant net leased investment occupied by PetVet care Centers a strong national veterinary network of over 425 hospitals. Eight years left on the current ten years lease with two five-year options. Current net income is $110,000 per year with current cap rate 6.28%. Rent is increased 3% every year. Strong location with visibility from busy Santa Fe Drive.
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