This Retail Property is no longer advertised on LoopNet.com.

155 Talcottville Rd
Vernon Rockville, CT 06066
VCA ANIMAL HOSPITAL · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
956 SF
Building Class
C
Year Built
1951
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.30 AC
Zoning
2 COMM
Parking
14 Spaces (3.37 Spaces per 1,000 SF Leased)

About 155 TALCOTTVILLE RD , VERNON ROCKVILLE, CT 06066

PROPERTY HIGHLIGHTS - E-Commerce & Recession-Resistant Property – Veterinary properties are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties - Tenant Investment in Location – Veterinary Clinics rarely relocate due to difficulty retaining the same patients in a new location, and high costs of moving - Very Passive & Inflation Protected Lease Structure – This investment offers investors a potential investor a very passive “hands-off” investment and features 2% Annual Increases throughout base term and options to hedge against inflation - Strong Performance History – VCA acquired the practice in 2001 because of the site’s strong performance. This also demonstrates an extremely strong track record and commitment to the location LOCATION HIGHLIGHTS - Strong Real Estate Fundamentals – Property is surrounded by a strong list of national tenants that includes Starbucks, CVS, Staples, AutoZone, Dunkin’ Donuts, Denny’s, Bank of America, and Dollar General as well as the Tri-City Plaza Shopping Center - Ideal Location – more than 110,600 residents within a 5-mile Radius, with an average household income of $107,312 TENANT HIGHLIGHTS - VCA & Mars, Inc. – In 2017, Veterinary Centers of America (VCA), sold 100% of the company to the Mars, Inc. family – 7th largest privately-owned company in the country – for $9.1B - VCA is the largest veterinary operator in the U.S., operating over 850 animal hospital across the country - Robust Industry Growth – The global veterinary services market size is expected to reach $142 Billion by 2025, with a CAGR of 5.6% during that period. Consumers spent over $72 Billion on their pets in 2018 and that number is expected to grow to $75 Billion in 2019 - Perfectly Positioned Industry – Baby Boomers and Millennials are the largest population block in the United States and own the most pets. 84.6 Million Households own a pet in the United States

Property Taxes

Property Taxes

Parcel Number
VERN-000003-000004-000075
Land Assessment
$62,580
Improvements Assessment
$124,670
Total Assessment
$187,250
  • Listing ID: 17330004

  • Date on Market: 9/30/2019

  • Last Updated:

  • Address: 155 Talcottville Rd, Vernon Rockville, CT 06066

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}