VCA Hamilton Animal Hospital - Hamilton, New York
- Price: $507,122
- Cap Rate: 9.00%
- Years Remaining: 2
- Rentable Area: 2,892 SF
VCA Hamilton Animal Hospital - Hamilton, New York
Investment Highlights
- Sales Price: $507,122
- Cap Rate: 9.00%
- Years Remaining: 2
- Lot Size: 1.27 Acres
- Market: Hamilton, 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 Hamilton Animal Hospital investment property located in Hamilton, New York. The Tenant, VCA has 2 years remaining in their extended term with 1 (one) 2-year options 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 Hamilton Animal Hospital is strategically located on New York State Route 12B. The site benefits from superior visibility via significant street frontage and a monument sign situated along New York State Route 12B. It shares this busy Cazenovia area with businesses like Dunkin, Subway, Mc Donalds, Price Chopper and Dollar Tree. The location benefits from the frequent street traffic of New York State Route 12B, which sees 8,163 vehicles daily. The 5-mile trade area is supported by a population of 9,306 and 2,666 daytime employees with an average household income of $107,996.
