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763 Scotland Rd - NORWICHTOWN PET RESORT

10,719 SF Health Care Building Offered at $2,096,552 at a 7.52% Cap Rate in Norwich, CT 06360

Investment Highlights

  • Stable Long-Term Investment – There are just over 9 years remaining on the lease with four (4)- five (5) year options to extend.
  • There is a residence on the property providing for an additional income opportunity for a potential investor.
  • Pet facilities rarely relocate due to difficulty retaining the same patients in a new location, and the high costs of moving.

Executive Summary

David Harrington
License No. 2168060 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc.
2321 Rosecrans Ave.,
Suite 1225 El Segundo, CA 90245

Property Facts

Price $2,096,552
Price Per Bed $2,096,552
Sale Type Investment
Cap Rate 7.52%
Property Type Health Care
Lot Size 15.51 AC
Building Size 10,719 SF
No. Beds 1
No. Stories 1
Year Built 2000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NORW-000011-000001-000003
Land Assessment
$251,700
Improvements Assessment
$393,800
Total Assessment
$645,500

zoning

Zoning Code R80
R80
  • Listing ID: 32211858

  • Date on Market: 6/21/2024

  • Last Updated:

  • Address: 763 Scotland Rd, Norwich, CT 06360

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