Amerivet - Animal Hospital of Tiffin
- Price: $599,000
- Cap Rate: 8.51%
- Years Remaining: 5
- Rentable Area: 5,276 SF
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Amerivet - Animal Hospital of Tiffin
Tiffin, OH
Investment Highlights
- Sales Price: $599,000
- Cap Rate: 8.51%
- Years Remaining: 5
- Lot Size: 1 Acres
- Market: Tiffin, OH
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, Animal Hospital of Tiffin investment property located in Tiffin, Ohio. The Tenant, AmeriVet, has over 5 years remaining in their initial term with 2 (two) 5-year options to extend. The lease is a double net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. AmeriVet has over 214 locations in 37 states nationwide.
Location
Animal Hospital of Tiffin is strategically located on Tiffin, Ohio. The site benefits from superior visibility via significant street frontage and a pylon sign situated along S OH-100. The location benefits from the frequent street traffic of S OH-100, which sees 4,350 vehicles daily. The 5-mile trade area is supported by a population of 24,594 and 2,677 daytime employees. Within 1 mile of the property the average household income is $127,075.
