177 Otrobando Ave | Norwich, CT 06360
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177 Otrobando Ave
Norwich, CT 06360
Norwich Veterinary Hospital · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- There are ±9.71 years remaining on the NNN lease with 3% annual increases and three, 5-year options to extend the lease.
- Veterinary Hospitals are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends
- The lease features 3% annual rental escalators, providing a future owner with a boost in cash flow and a hedge against inflation
PROPERTY FACTS
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
5,383 SF
Building Class
B
Year Built
1956
Building Height
1 Story
Building FAR
0.10
Lot Size
1.25 AC
Zoning
BP - Business and Professional
PROPERTY TAXES
| Parcel Number | NORW-000066-000001-000010 | Improvements Assessment | $517,400 |
| Land Assessment | $115,800 | Total Assessment | $633,200 |
PROPERTY TAXES
Parcel Number
NORW-000066-000001-000010
Land Assessment
$115,800
Improvements Assessment
$517,400
Total Assessment
$633,200
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