118 S Commercial St | Worthington, IN 47471
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118 S Commercial St
Worthington, IN 47471
AmeriVet · Office Property For Sale
Investment Highlights
- Royer Veterinary Clinic (AmeriVet) Signed a 10 Year Lease in 2021 That Includes a Rent Escalation of 10% in 2026
- The Lease is 100% Guaranteed By AmeriVet, a 200-Unit Veterinary Clinic Consolidator With 200 Locations in 35 States Nationwide, Backed By the ADIA
- The Company Expects to Add More Than 50 New Locations This Year as it Continues to Expand Nationwide
- In 2022, AmeriVet Grew From 134 Clinics to 196, Totaling an Increase of Over 62 Clinics and Was Subsequently Purchased That Year By the "ADIA"
- Beginning With Only 14 Clinics in 2017, AmeriVet Has Grown to 200 Clinics in 2023
- Royer Veterinary Clinic is the Only Veterinary Practice in Worthington, IN and Beyond; The Next Closest Veterinary Practice is More Than 10-Miles Away
Property Facts
Property Type
Office
Property Subtype
Building Size
1,920 SF
Building Class
C
Year Built
1960
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,920 SF
Building FAR
0.26
Lot Size
0.17 AC
Property Taxes
| Parcel Number | 28-03-21-332-025.000-012 | Improvements Assessment | $43,500 |
| Land Assessment | $1,800 | Total Assessment | $45,300 |
Property Taxes
Parcel Number
28-03-21-332-025.000-012
Land Assessment
$1,800
Improvements Assessment
$43,500
Total Assessment
$45,300
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