VCA Valley Vet Animal Hospital | 853 Falcon Park Rd
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VCA Valley Vet Animal Hospital 853 Falcon Park Rd
7,200 SF Office Building New Kensington, PA 15068 $2,835,553 ($394/SF) 9.05% Cap Rate
Investment Highlights
- HIGHWAY PROXIMITY: The property is conveniently located near PA-56 and PA-366, providing easy access to major highways and facilitating.
- NEARBY RETAIL: Located near prominent retailers, including Walmart Supercenter, Giant Eagle, and Home Depot.
- RECESSION RESISTANT PROPERTY: Veterinary Hospitals are extremely sought-after investments for their resistance to downturns.
- SURROUNDING MEDICAL OFFICES: The vicinity features a variety of healthcare providers, including medical and veterinary offices.
- TENANT INVESTMENT IN LOCATION: Pet Hospitals rarely relocate due to difficulty retaining the same patients in a new location.
- VERY PASSIVE LEASE STRUCTURE: There are minimal landlord responsibilities throughout the lease term.
Executive Summary
Broker of Record
Kyle Matthews
License No. RB068831 (PA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. RB068831 (PA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Building Size
7,200 SF
Building Class
B
Year Built
2007
Price
$2,835,553
Price Per SF
$394
Cap Rate
9.05%
NOI
$256,697
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,200 SF
Building FAR
0.02
Lot Size
10.20 AC
Parking
75 Spaces (10.42 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
Parcel Number | 17-05-00-0-001 | Improvements Assessment | $146,090 |
Land Assessment | $11,450 | Total Assessment | $157,540 |
PROPERTY TAXES
Parcel Number
17-05-00-0-001
Land Assessment
$11,450
Improvements Assessment
$146,090
Total Assessment
$157,540
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VCA Valley Vet Animal Hospital | 853 Falcon Park Rd
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