VCA - Jackson Animal Hospital - Medford, Oregon
VCA - Jackson Animal Hospital
902 & 908 E Jackson St, Medford, Oregon 97504
- Price: $1,628,828
- Cap Rate: 6.50%
- Years Remaining: 5
- Rentable Area: 4,188 SF
Investment Highlights
- Sales Price: $1,628,828
- Cap Rate: 6.50%
- Years Remaining: 5
- Lot Size: 0.37 Acres
- Market: Medford, Oregon
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 Jackson Animal Hospital investment property located in Medford, Oregon. The Tenant, VCA, has over 5 years remaining in their extended term with 2 (two) 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 Jackson Animal Hospital is strategically located on E Jackson Street. The site benefits from superior visibility via significant street frontage and a monument sign situated along E Jackson Street. It shares this busy Medford area with businesses like TJMAXX, Burlington, Taco Bell, Starbucks, and Anytime Fitness. The location benefits from the frequent street traffic of E Jackson Street, which sees 22,060 vehicles daily. The 5-mile trade area is supported by a population of 119,086 and 49,112 daytime employees with an average household income of $99,666.
