VCA - Lloyd Animal Hospital
- Price: $2,496,960
- Cap Rate: 6.25%
- Years Remaining: 6.5
- Rentable Area: 7,234 SF
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VCA - Lloyd Animal Hospital
Stoughton, MA
Investment Highlights
- Sales Price: $2,496,960
- Cap Rate: 6.25%
- Years Remaining: 6.5
- Lot Size: 3.2 Acres
- Market: Stoughton, Massachusetts
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 an NNN leased, freestanding, VCA Lloyd Animal Hospital investment property located in Stoughton, Massachusetts. The Tenant, VCA Animal Hospitals, Inc, has approximately 6.75 years remaining in their initial term with 2 (5-Year) options to extend. The lease features annual rental increases of 2%. The lease is triple net with limited landlord responsibilities of Comprehensive General Liability Insurance and keeping foundations and structural elements in good condition. This is a great, low-management investment opportunity for a passive investor. Staffed with over 6,000 fully qualified veterinarians, VCA Animal Hospital is at the forefront of veterinary care for your pet and is committed to improving the standard of care for pets worldwide.
Location
VCA Lloyd Animal Hospital is strategically located off of Washington Street, which averages 18,340 vehicles passing by daily. The site benefits from superior visibility via significant street frontage and a large monument sign situated along Washington Street. In addition, the location is in close proximity to Brockton, Highway 24, and Stonehill College. The 5-mile trade area is supported by a population of over 164,246 and 88,073 daytime employees with an average household income of $106,407.
