Heartland - Animal Clinic of Casselberry
1033 Seminola Blvd, Casselberry, Florida 32707
- Price: $706,200
- Cap Rate: 8.00%
- Years Remaining: 2+
- Rentable Area: 2,970 SF
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Heartland - Animal Clinic of Casselberry - Casselberry, FL
Investment Highlights
- Sales Price: $706,200
- Cap Rate: 8.00%
- Years Remaining: 2+
- Lot Size: 0.54 Acres
- Market: Casselberry, Florida
Contact Broker
Brian Wine
Description
The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a modified gross leased, freestanding, Animal Clinic of Casselberry investment property located in Casselberry, Florida. The Tenant, Heartland Veterinary Partners, has over 2 years remaining in their initial term with 2 five (5) year options to extend. The lease features annual rental increases of 1%. The lease is modified gross with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Heartland Veterinary Partners is a veterinary management company that aims to support veterinary practices and their owners. The company was founded in 2017 and is headquartered in Chicago, Illinois, with offices in various locations across the United States.
Location
Animal Clinic of Casselberry is strategically located on Seminola Boulevard. The site benefits from superior visibility via significant street frontage and a monument situated along Seminola Boulevard. It shares this busy Casselberry area with businesses like Pizza hut, 7-11, Mobil, Circle K, Dollar General. The location benefits from the frequent street traffic of Seminola Boulevard, which sees 19,863 vehicles daily. The 5-mile trade area is supported by a population of 224,844 and 109,959 daytime employees with an average household income of $114,292.
