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4101 Williamsburg Rd
Richmond, VA 23231

$8,575,200 USD

Veterinarian Kennel For Sale  •  15,300 SF

Property Details

  • Property Type Veterinarian Kennel
  • Total Building Size 15,605 SF
  • Lot Size 2.71 AC
  • Building Class B
  • Year Built 2022
  • Cap Rate 7.00 %
  • Tenancy Single
0 Transit Score
49 Walk Score

Highlights

HIGH CALIBER OPERATOR: Pet Paradise is a comprehensive pet health care provider with 63 locations across 11 states.
LONG-TERM ABSOLUTE NNN LEASE: The operator is on a long-term absolute NNN lease of over 18 years which minimizes roll over risk
CLASS “A” REAL ESTATE: The property was recently constructed in 2022 and offers investors an investment with significant curb appeal.
HEDGE AGAINST INFLATION: The lease includes 2% annual rental increases, ensuring consistent revenue growth and protection against inflation.
FAVORABLE DEMOGRAPHICS: The Richmond metro area has a population of over 1.3 million.
POPULATION GROWTH: Richmond has experienced consistent population growth, aligning with the overall expansion of the metro area.
Cap Rate: 7.00 %

Amenities

  • Pool
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Richmond Main Street Amtrak Station (Northeast Regional - Amtrak) 10 min - 4.8 mi
AirportDriveWalkDistance
Richmond International 8 min - 3.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 28
Type: Surface
Included in Rent: Yes
Andrew Evans 949-662-2256 Matthews Real Estate Investment Services
Andrew Evans 949-662-2256 Matthews Real Estate Investment Services