VCA Cazenovia Animal Hospital
2750 US-20 E, Cazenovia,
New York 13035
- Price: $905,750
- Cap Rate: 10.55%
- Years Remaining: 2
- Rentable Area: 6,700 SF
VCA Cazenovia Animal Hospital - Cazenovia, New York
Investment Highlights
- Sales Price: $905,750
- Cap Rate: 10.55%
- Years Remaining: 2
- Lot Size: 5.19 Acres
- Market: Cazenovia, New York
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 NN leased, freestanding, VCA Cazenovia Animal Hospital investment property located in Cazenovia, New York. The Tenant, VCA has 2 years remaining in their extended term with 1 (one) 2-year option to extend. The lease features annual rental increases of 2%. The lease is a double net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Founded in 1986, VCA is a family of animal hospitals dedicated to creating a positive impact for pets, people, and communities. They prioritize the well-being of every pet, extending their care beyond the hospitals they operate.
Location
VCA Cazenovia Animal Hospital is strategically located on U.S. Route 20 East. The site benefits from superior visibility via significant street frontage and a monument sign situated along U.S. Route 20 East. It shares this busy Cazenovia area with businesses like Dunkin, True Value, Mc Donalds, Walgreens and Dollar Tree. The location benefits from the frequent street traffic of U.S. Route 20 East, which sees 8,145 vehicles daily. The 5-mile trade area is supported by a population of 7,985 and 2,563 daytime employees with an average household income of $136,068.
