Veterinarian Kennel For Sale • 15,300 SF
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 % |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Richmond Main Street Amtrak Station (Northeast Regional - Amtrak) | 10 min | - | 4.8 mi |
Airport | Drive | Walk | Distance |
Richmond International | 8 min | - | 3.4 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 28 |
Type: | Surface |
Included in Rent: | Yes |