Suveto - Animal Medical Center
Woodland Park, CO
Suveto - Animal Medical Center
- Price: $1,454,942
- Cap Rate: 7.00%
- Years Remaining: 8
- Rentable Area: 3,545 SF
Investment Highlights
- Sales Price: $1,454,942
- Cap Rate: 7.00%
- Years Remaining: 8
- Lot Size: 4.1 Acres
- Market: Woodland Park, CO
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, Animal Medical Center of Woodland Park investment property located in Woodland Park, Colorado. The Tenant, Suveto, has 8 years remaining in their initial term with three (3) 5-year options to extend. The lease features annual rental increases . The lease is a (Net Type) net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Suveto’s mission is to create innovative software products that simplify veterinary practice management and improve the quality of patient care.
Location
Animal Medical Center of Woodland Park is strategically located on West US Highway 24. The site benefits from superior visibility via significant street frontage and a pylon sign situated along US Highway 24. It shares this busy Woodland Park area with businesses like Starbucks, Subway, Walmart, and Walgreens. The location benefits from the frequent street traffic of IS Highway 24, which sees 21,018 vehicles daily. The 5-mile trade area is supported by a population of 14,676 and 4,321 daytime employees with an average household income of $98,506.
