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156 N Maag Ave

12,900 SF Office Building Oakdale, CA 95361 $7,950,000 ($616/SF)

Investment Highlights

  • Oakdale Veterinary Group, Inc. was acquired by Vetcor Aquistion, LLC. in 2024 due to its impressive 50+ year history of exceeding expectations
  • Global veterinary services market projected to reach a staggering $142 billion by 2025, with consistent growth expected (CAGR of 5.6%).
  • Brand New Construction: Year built 2023
  • Comprehensive services including surgery, X-ray, ultrasound, and on-site MRI scanning at this location.
  • Leading veterinary provider, VetCor, founded in 1997, operates over 850 locations across the United States and Canada.

Executive Summary

CRI Real Estate is pleased to offer the opportunity to acquire the fee simple interest in a newly built, freestanding, Veterinary Hospital & Surgery Center investment property located in Oakdale, CA. The Tenant, VetCor, has 10 years remaining in their initial term with 2 (5-year) options. The lease is corporate guaranteed by VetCor, one of the largest private owners of freestanding veterinary hospitals with over 850 locations across the United States and Canada. Proven Track Record: Oakdale Veterinary Group, Inc. was acquired by VetCor in 2024 due to its impressive 50+ year history of exceeding expectations and sustained growth.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
12,900 SF
Building Class
A
Year Built
2023
Price
$7,950,000
Price Per SF
$616
Tenancy
Single
Building Height
1 Story
Typical Floor Size
12,900 SF
Building FAR
0.22
Land Acres
1.34 AC
Parking
52 Spaces (4.03 Spaces per 1,000 SF Leased)

Amenities

  • Bio-Tech/ Lab Space
  • Controlled Access
  • Courtyard
  • Security System
  • Signage
  • Skylights
  • Wheelchair Accessible
  • Kitchen
  • Accent Lighting
  • Reception
  • Central Heating
  • High Ceilings
  • Recessed Lighting
  • Outdoor Seating
  • Air Conditioning
  • Smoke Detector
  • Listing ID: 33828147

  • Date on Market: 11/11/2024

  • Last Updated:

  • Address: 156 N Maag Ave, Oakdale, CA 95361

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