VetCor - Campton Animal Clinic
St. Charles, IL
VetCor - Campton Animal Clinic
- Price: $425,135
- Cap Rate: 7.75%
- Years Remaining: 7
- Rentable Area: 1,428 SF
Investment Highlights
- Sales Price: $425,135
- Cap Rate: 7.75%
- Years Remaining: 7
- Lot Size: 0.74 Acres
- Market: St. Charles
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, Campton Animal Clinic investment property located in St. Charles, Illinois. The Tenant, VetCor, has over 7 years remaining in their initial term with 2 (two) 5-year options to extend. The lease features annual rental increases of 2%. The lease is a NNN net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Established in 1997, Vetcor has constructed a community-centric veterinary services company that supports over 845 practices across the United States and Canada.
Location
Campton Animal Clinic is strategically located on IL-64. The site benefits from superior visibility via significant street frontage and a facade sign situated along IL-64. It shares this busy St. Charles area with businesses like Shell, McDonalds, and Subway. The location benefits from the frequent street traffic of IL-64, which sees 14,297 vehicles daily. The 5-mile trade area is supported by a population of 67,275 and 20,812 daytime employees with an average household income of $285,383.
