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394 E Lafayette St
Stockton, CA 95203

$1,100,000 USD

Veterinarian Kennel For Sale  •  7,500 SF

Property Details

• Property Type Veterinarian Kennel
• Total Building Size 7,500 SF
• Lot Size 0.23 AC
• Building Class C
• Year Built 1990
• Cap Rate 11.59 %
• Tenancy Multiple
• Zoning C2

54 Transit Score

91 Walk Score

Highlights

AmeriVet Acquired the Practice and Signed a New 10 Year Lease With 3% Annual Increases and Two (5) Year Option Periods

Stable Long-Term Investment (8+ Years Remaining) With Minimal Landlord Responsibilities

8+ Year Billboard Lease With Rental Increases

Strong Demographics with 142,955 Residents Located Within a 3-Mile Radius

Recent Renovations to the Building Including; Roof, HVAC, Flooring, Paint, Plumbing and Electrical

AmeriVet Has 196 Locations Currently With Plans to Grow to 270 in 2023

Property Flyers

Hardin Animal Hospital - Stockton, CA_v2

Cap Rate:

11.59 %

Major Tenants

Tenant	SF Occupied	Lease End Date
AmeriVet	2,800 SF	7/28/2032

Amenities

• Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Stockton (San Joaquins - Amtrak)	1 min	7 min	0.4 mi
Stockton (Altamont Corridor Express - Altamont Commuter Express (ACE))	2 min	15 min	0.8 mi
Airport	Drive	Walk	Distance
Stockton Metro	10 min	-	5.4 mi