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12515 SE Division St
Portland, OR 97236
Lakefield Veterinary Group | Portland, OR · Retail Property For Sale
Investment Highlights
- STABLE INVESTMENT: There are over 2 years remaining on the NNN lease with annual increases and Two, 3-year options to extend the lease.
- ROBUST GROWTH INDUSTRY: The global veterinary services market size is expected to reach $142 Billion by 2025, with a CAGR of 5.6% during that period.
- LONG-TERM OPERATING HISTORY: Since 1985, Town and Country Animal Hospital has been proudly serving the Southeast Portland, OR community.
- HIGH-CALIBER OPERATOR: The property is leased to Lakefield Veterinary Group which operates 80+ locations in 12 states.
- VERY PASSIVE LEASE STRUCTURE: There are minimal landlord responsibilities throughout the lease term.
- PRIME LOCATION: The ±4,480 SF hospital is well positioned along SW Division Street, offering direct street frontage and easy access.
Property Facts
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
4,480 SF
Building Class
B
Year Built
1974
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.35 AC
Zoning
CG - commercial
Parking
16 Spaces (3.57 Spaces per 1,000 SF Leased)
Frontage
89’ on Division St
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | R331916 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $698,130 |
Property Taxes
Parcel Number
R331916
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$698,130
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