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232 Center Rd
Monroeville, PA 15146

$824,000 USD

Veterinarian Kennel For Sale  •  2,201 SF

Property Details

• Property Type Veterinarian Kennel
• Total Building Size 2,201 SF
• Lot Size 0.34 AC
• Building Class C
• Year Built 1950
• Cap Rate 7.50 %
• Tenancy Single

0 Transit Score

68 Walk Score

Highlights

STABLE LONG-TERM INVESTMENT | NNN LEASE – There are just under ±9 years remaining on the NNN lease with 3% annual increases.

SCHEDULED RENTAL INCREASES | HEDGE AGAINST INFLATION – The lease features 3% annual rental esc, providing a future owner with a boost in cash flow.

VERY PASSIVE LEASE STRUCTURE – There are minimal landlord responsibilities throughout the lease term.

TENANT INVESTMENT IN LOCATION – Pet Hospitals rarely relocate due to the difficulty of retaining the same patients.

Cap Rate:

7.50 %

Public Transportation

Airport	Drive	Walk	Distance
Arnold Palmer Regional	48 min	-	29.8 mi
Pittsburgh International	47 min	-	31.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	15
Type:	Surface
Included in Rent:	Yes