Salt Lake City MSA
Bountiful, Utah
Salt Lake City MSA
- Price: $1,886,000
- Cap Rate: 6.86%
- Rentable Area: 8,099 SF



Investment Highlights
- Sales Price: $1,886,000
- Cap Rate:6.86%
- Years Remaining: 2
- Net Operating Income: $129,467
- Annual Increases: 2%
- Lot Size: 0.38 Acres
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, corporate guaranteed, Animal Medical Clinic investment property located in Bountiful, Utah (Salt Lake City MSA). The tenant, Pathway Partners Vet Management LLC, has 2 years remaining in their initial term with 4 (5-year) options to extend. The lease features rare 2% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation. The lease has a corporate guarantee from Pathway Vet Alliance and is NNN with landlord responsibilities limited to roof and structure. Pathway Vet Alliance currently operates over 390 locations in 37 states with a growing network of veterinary professionals.





