VCA - Amherst Animal Hospital
2330 Amherst Ave, Butte, Montana 59701
- Price: $1,758,016
- Cap Rate: 6.88%
- Years Remaining: 1
- Rentable Area: 10,000 SF
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VCA - Amherst Animal Hospital - Butte, MT
Investment Highlights
- Sales Price: $1,758,016
- Cap Rate: 6.88%
- Years Remaining: 1
- Lot Size: 0.77 Acres
- Market: Butte, Montana
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 Amherst Animal Hospital investment property located in Butte, Montana. The Tenant, VCA, has over 1 year remaining in their initial term with two (2) 5-Year 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 Amherst Animal Hospital is strategically located on Amherst Avenue. The site benefits from superior visibility via significant street frontage and a monument sign situated along Amherst Avenue. It shares this busy Butte area with businesses like Burger King, Starbucks, Papa Johns, Holiday Inn Express, and AutoZone. The location benefits from the frequent street traffic of Amherst Avenue, which sees 5,600 vehicles daily. The 5-mile trade area is supported by a population of 33,332 and 16,144 daytime employees with an average household income of $83,102.
