ARLINGTON PET HOSPITAL | 225 N 3rd St
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ARLINGTON PET HOSPITAL 225 N 3rd St
2,577 SF Retail Building Arlington, NE 68002 $476,960 ($185/SF) 8.75% Cap Rate
Investment Highlights
- There are just under 5 years remaining on the lease with two (2), five (5) year options to extend and 3.00% annual increases throughout the primary te
- There are no landlord responsibilities throughout the lease term, offering a passive investment for both local and national investors.
- Hospitals rarely relocate due to difficulty retaining the same patients in a new location, and the high costs of moving.
- The lease features 3.00% annual rental increases, providing a future owner with a boost in cash flow and a hedge against inflation throughout the lif
- Veterinary Hospitals are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect tradit
- Arlington Pet Hospital has proudly served the community since 1918, making it the city’s first and only veterinary hospital.
Executive Summary
Broker of Record
Kyle Matthews
License No. 35320 (NE)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. 35320 (NE)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
2,577 SF
Building Class
C
Year Built
2010
Price
$476,960
Price Per SF
$185
Cap Rate
8.75%
NOI
$41,734
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.19 AC
Zoning
03
Parking
6 Spaces (2.33 Spaces per 1,000 SF Leased)
Frontage
59 FT on North 3rd Street
PROPERTY TAXES
Parcel Number | 890034265 | Improvements Assessment | $147,815 |
Land Assessment | $10,500 | Total Assessment | $158,315 |
PROPERTY TAXES
Parcel Number
890034265
Land Assessment
$10,500
Improvements Assessment
$147,815
Total Assessment
$158,315
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ARLINGTON PET HOSPITAL | 225 N 3rd St
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