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Banfield Pet Hospital 1451 High St 1,632 SF Retail Building Westwood, MA 02090 For Sale
INVESTMENT HIGHLIGHTS
- 1,632 Sq. Ft. retail building
- Located on the western side of High Street (Route 109)
- Improvements were made in 1954, completely renovated in 2006.
- 0.17 Acres of Land
- Zoning: LBA - Use: Veterinary Clinic
- Site improvements include asphalt paved parking areas, curbing, signage, landscaping, yard lighting and drainage.
EXECUTIVE SUMMARY
Banfield Pet Hospital is the largest general veterinary practice in the United States, with more than 1,000 locations across over 40 states. Founded in 1955, the company focuses on preventive, wellness-oriented care for companion animals, a resilient and needs-based segment of the healthcare market. The company is part of Mars, Incorporated’s Mars Veterinary Health division, benefiting from the scale and financial strength of one of the world’s largest privately held corporations. Third-party credit research characterizes Banfield’s credit profile as stable and supported by its parent, with relatively low credit spreads consistent with a strong, investment-grade-backed tenant. Banfield’s Optimum Wellness Plans subscription model promotes recurring revenue and predictable visit patterns, supporting long-term occupancy stability at its leased locations.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
1,632 SF
Building Class
C
Year Built/Renovated
1954/2007
NOI
$41,368
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.17 AC
Zoning
LBA, Westwood - Commercial
Parking
6 Spaces (3.68 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 27 220 | Improvements Assessment | $234,300 |
| Land Assessment | $196,200 | Total Assessment | $430,500 |
PROPERTY TAXES
Parcel Number
27 220
Land Assessment
$196,200
Improvements Assessment
$234,300
Total Assessment
$430,500
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Banfield Pet Hospital | 1451 High St
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