UVC - Veterinary Emergency Clinic
- Price: $,1,800,000
- Cap Rate: 7.00%
- Years Remaining: 9
- Rentable Area: 3,500 SF
UVC - Veterinary Emergency Clinic Port Charlotte, FL
Investment Highlights
- Sales Price: $1,800,000
- Cap Rate: 7.00%
- Years Remaining: 9
- Lot Size: 0.35 Acres
- Market: Port Charlotte, FL
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, investment property located in Port Charlotte, Florida. The Tenant, Veterinary Emergency Clinic, has over 9 years remaining in their initial term with 2 5-Year options to extend. The lease features annual rental increases of 3%. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. United Veterinary Care was founded in 2019 with a mission to take care of the people who take care of animals and now have 103 locations in 22 states.
Location
Veterinary Emergency Clinic is strategically located on Murdock Circle. The site benefits from superior visibility via significant street frontage. It shares this busy Port Charlotte area with businesses like Aldi, JCPenny, Old Navy, Sephora, and Sam’s Club. The location benefits from the frequent street traffic of El JoBean road and Murdock Circle, which see over 32,300 and 8,000 vehicles daily. The 5-mile trade area is supported by a population of 96,162 and 31,303 daytime employees with an average household income of $67,503.