1234-1236 George Washington Hwy N | Chesapeake, VA 23323
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1234-1236 George Washington Hwy N
Chesapeake, VA 23323
VCA Animal Hospital - Net Lease - 8% CAP · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Recent lease renewal demonstrates long term commitment to the site
- Established practice with 17 year operating history
- Globally the pet care market grew to $232 billion in 2021, a 6.1% increase from 2020 and is expected to grow to $350 billion by 2027
- VCA Animal Hospitals operates over 1,000 locations in the U.S. and Canada and is owned by the largest veterinary company in the U.S., Mars Inc.
- E-commerce and recession resistant business model
- 2.29 acre parcel (+/- 1.5 AC useable) with potential for future redevelopment
PROPERTY FACTS
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
3,772 SF
Building Class
C
Year Built/Renovated
1985/2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.30 AC
Zoning
B2 - commercial zoning designation for areas that serve a regional or countywide scale
Parking
30 Spaces (7.95 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 0251001000790 | Improvements Assessment | $366,200 |
| Land Assessment | $439,200 | Total Assessment | $805,400 |
PROPERTY TAXES
Parcel Number
0251001000790
Land Assessment
$439,200
Improvements Assessment
$366,200
Total Assessment
$805,400
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