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Burke Animal Clinic 1034 E Union St 5,000 SF 100% Leased Retail Building Morganton, NC 28655 $775,000 ($155/SF) 7.40% Cap Rate
Investment Highlights
- Long operating history with strong customer base | Veterinary clinic since 1988
- Corner intersection | E Union St & Valdese Ave
- Located inside of dense retail corridor | 1M SF within a 2-mile radius
- 2-exam rooms | 1-Operating room | 16 kennels | Radiology suite
- Great visibility from E Union St
- Large industrial presence nearby bringing in a high volume of daytime workers to the area | 1.2 M SF of space within a 2-mile radius
Executive Summary
Matt Sagehorn and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale, Burke Animal Clinic in Morganton, NC. We welcome your review of this attractive investment.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Building Size
5,000 SF
Year Built/Renovated
1955/1995
Price
$775,000
Price Per SF
$155
Cap Rate
7.40%
NOI
$57,350
Percent Leased
100%
Building Height
1 Story
Building FAR
0.16
Lot Size
0.74 AC
Zoning
Commercial
Parking
18 Spaces (3.6 Spaces per 1,000 SF Leased)
Nearby Major Retailers
1 of 6
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Burke Animal Clinic | 1034 E Union St
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