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Western Veterinary Partners - Cohutta Animal 24 Lance St

3,767 SF Office Building Blue Ridge, GA 30513 $2,987,198 ($793/SF) 7.25% Cap Rate

Investment Highlights

  • New 14-Year, Absolute Net Lease With Western Veterinary Partners
  • Western Veterinary Partners Has 200+ Locations Nationwide
  • Western Veterinary Partners is One of Inc. 500's Fastest Growing Companies
  • Construction of This Location Was Completed in 2023 Fulfilling an Existing Veterinarians Need For Additional Space
  • This Location Has Been Outfitted With a Surgery Suite, Dental Suite, In-House Lab and Grooming Area
  • Veterinary Hospitals Are Sound Investments As They Are Pandemic and E-Commerce Resistant and Have Low Relocation Rates

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,767 SF Western Veterinary Partners Located at 24 Lance Street in Blue Ridge, GA. This Deal Includes a New 14-Year Absolute Net Lease With Western Veterinary Partners, a Growing National Vet Clinic Owner/Operator With Over 200+ Locations. The Lease Also Has Zero Landlord Responsibilities and Attractive Rent Increases, Providing For a Secured Investment.

In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,767 SF
Building Class
B
Year Built
2023
Price
$2,987,198
Price Per SF
$793
Cap Rate
7.25%
NOI
$216,571
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,767 SF
Building FAR
0.14
Lot Size
0.62 AC

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Western Veterinary Partners - Cohutta Animal Clini
  • Health Care and Social Assistance
  • 3,767 SF
  • $57.49
  • Oct 2038
Tenant Industry SF OCCUPIED RENT/SF Lease End
Western Veterinary Partners - Cohutta Animal Clini Health Care and Social Assistance 3,767 SF $57.49 Oct 2038
  • Listing ID: 33767668

  • Date on Market: 11/6/2024

  • Last Updated:

  • Address: 24 Lance St, Blue Ridge, GA 30513

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