EverVet - Goose Creek Veterinary Center
- Price: $2,250,000
- Cap Rate: 6.00%
- Years Remaining: 15
- Rentable Area: 4,788 SF
Previous
Next
EverVet - Goose Creek Veterinary Center Goose Creek, SC
Investment Highlights
- Sales Price: $2,250,000
- Cap Rate: 6.00%
- Years Remaining: 15
- Lot Size: .83 Acres
- Market: Goose Creek, South Carolina
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, Goose Creek Veterinary Clinic investment property located in Goose Creek, South Carolina. The Tenant, EverVet Partners, has over 15 years remaining in their initial term with two (2) 5-year options to extend. The lease features 2.5% annual rental increases. The lease is a double net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. EverVet Partners is run for vets by vets, guided by healthcare professionals with deep experience developing successful practice support organizations in partnership with veterinarians. They currently have 25+ locations, across 8 states and are growing.
Location
Goose Creek Veterinary Clinic is strategically located on Red Bank Road. The site benefits from superior visibility via significant street frontage and a pylon sign situated along Red Bank Road. It shares this busy Goose Creek area with businesses like Walmart, CVS Pharmacy, Family Dollar, McDonald’s, and Walgreens. The location benefits from the frequent street traffic of Red Bank Road, which sees 16,050 vehicles daily. The 5-mile trade area is supported by a population of 123,885 and 41,087 daytime employees with an average household income of $77,751.
