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1419 Patton Ave
Asheville, NC 28806

$774,987 USD

Medical For Sale  •  2,848 SF

Property Details

  • Property Type Medical
  • Total Building Size 2,642 SF
  • Lot Size 0.42 AC
  • Building Class B
  • Year Built 1972
  • Cap Rate 6.45 %
  • Tenancy Single
  • Zoning HB
32 Transit Score
72 Walk Score

Highlights

Absolute NNN Sale Leaseback of a Growing Veterinary Practice - Open Door Veterinary Practice
Operator Intends to Continue Growing the Practice at This Location and Using Sale Proceeds to Help With this For an End Sale of the Business
Open Door Veterinary Care Operates This Location and the Lease is Personally Guaranteed
10-Year Absolute NNN Lease With 2.5% Annual Rental Bumps
Below Market Rent at $19 a Foot
The Building Sits Outside Asheville's Flood Zone and Was Not Affected By the Hurricane
Cap Rate: 6.45 %

Major Tenants

Tenant SF Occupied Lease End Date
Open Door Veterinary Care 2,642 SF

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Asheville Regional 18 min - 13.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Paul Messina 215-249-7844 Sands Investment Group
Paul Messina 215-249-7844 Sands Investment Group