3451 W 159th St | Markham, IL 60428
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3451 W 159th St
Markham, IL 60428
Markham Animal Clinic · Retail Property For Sale
Investment Highlights
- Very Passive Lease Structure – Subject property has well maintained roof/structure/HVAC elements, offering a potential investor a passive investment
- E-Commerce & Recession-Resistant Property – Veterinary properties are extremely sought-after investments
- Heartland Veterinary Partners – Corporate Operator and private equity-backed group Heartland Veterinary Partners acquired the practice in 2018
- Tenant Investment in Location – Veterinary Clinics rarely relocate due to difficulty retaining the same patients in a new location, and high costs of
- Inflation-Protected Lease Structure – Rental increases are built in throughout option periods, which provides investors a safeguard against inflation
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,025 SF
Building Class
C
Year Built/Renovated
1964/1995
Building Height
1 Story
Building FAR
0.22
Lot Size
0.31 AC
Zoning
Business Commercial - Business commercial zoning
Parking
15 Spaces (4.96 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $22,891 | |
| Land Assessment | $26,145 | Total Assessment | $49,036 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$26,145
Improvements Assessment
$22,891
Total Assessment
$49,036
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