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925 Spears Creek Ct
Elgin, SC 29045

$1,300,000 USD

Veterinarian Kennel For Sale  •  9,352 SF

Property Details

  • Property Type Veterinarian Kennel
  • Total Building Size 15,000 SF
  • Lot Size 2.6 AC
  • Building Class B
  • Year Built 2004
  • Cap Rate 7.32 %
  • Tenancy Single
  • Zoning M-1
0 Transit Score
29 Walk Score

Highlights

DESTINATION PET | PREMIER PET BOARDING OPERATOR | Destination Pet is one of the leading providers of pet healthcare services in the US.
STABLE INVESTMENT | NNN LEASE | OPTIONS TO EXTEND | There are over 7 years remaining on the lease with four (4), 5-year options to extend.
SCHEDULED RENTAL INCREASES | HEDGE AGAINST INFLATION | The lease features 10% rental increases every 5 years, providing a future owner with a boost in
HEALTHCARE REAL ESTATE | RECESSION RESISTANT PROPERTY | Pet service facilities are extremely sought-after investments.
EXCELLENT LOCATION | The ±15,000 SF facility is situated off Interstate 20, offering high visibility and convenient access to surrounding communities.
BELOW MARKET RENT | Tenant’s current rental rate is below market which ensures landlord has replaceable rent.
Cap Rate: 7.32 %

Public Transportation

AirportDriveWalkDistance
Columbia Metro 44 min - 26.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
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