VCA - Country Oaks Animal Hospital - Sacramento, California
VCA Country Oaks Animal Hospital
- Price: $3,490,000
- Cap Rate: 6.00%
- Years Remaining: 5
- Rentable Area: 6,855 SF
Investment Highlights
- Sales Price: $3,490,000
- Cap Rate:6.00%
- Years Remaining: 5
- Lot Size: 0.81 Acres
- Market: Sacramento, California
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 NNN leased, freestanding, VCA Country Oaks Animal Hospital investment property located in Sacramento, California. The Veterinary Tenant, VCA, has over 5 years remaining in their initial term with 2 (two) 5 – years options to extend. The lease features annual rental increases of 2%. The lease is a triple 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 Country Oaks Animal Hospital is strategically located on Fair Oaks Boulevard. The site benefits from superior visibility via significant street frontage and a monument sign situated along Fair Oaks Boulevard. It shares this busy Sacramento area with businesses like Whole Foods Market, Lifetime Fitness, Starbucks. The location benefits from the frequent street traffic of Fair Oaks Boulevard, which sees 9,592 vehicles daily. The 5-mile trade area is supported by a population of (# 310,112 and 147,158 daytime employees and within 1-mile an average household income of $221,063.
