Share This Listing

Message

948 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

NVA Sumner Veterinary Hospital 2 Retail Properties Offered at $9,200,000 in Sumner, WA

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • Long-Term Lease Commitment from Quality Tenant
  • Hedge Against Inflation
  • Significant Tenant Improvements
  • Mission Critical Facility
  • Minimal Landlord Responsibilities
  • Strong Historical Occupancy

Executive Summary

Team Vara at Northmarq is pleased to offer the Sumner Veterinary Hospital, a mission-critical medical facility in the growing Sumner, WA market with excellent access to the greater Tacoma–Pierce County region. Purpose-built as one of only three 24/7 emergency veterinary hospitals in Pierce County, the property is fully leased on a long-term, passive triple-net basis to National Veterinary Associates (NVA)—the largest private owner of freestanding veterinary hospitals in the U.S. NVA reaffirmed its commitment with a 20-year renewal in 2021 (15+ years remaining) and has heavily invested in state-of-the-art medical improvements, underscoring the strategic importance of this location. With CPI-based annual rent increases, minimal landlord obligations, and strong regional demand driven by robust demographics and high pet-ownership rates, the asset represents a rare opportunity to acquire a stable, long-term net-leased medical facility backed by a nationally scaled operator.

Property Facts

Price $9,200,000
Price / SF $253.18 / SF
Cap Rate 6.34%
Sale Type Investment NNN
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 36,338 SF
Total Land Area 5.58 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
16024 60th St E, Sumner, WA 98390 Retail 18,838 SF 2005 -
16102 60th St E, Sumner, WA 98390 Retail 17,500 SF 2009 -
Show More > < Show Less
  • Listing ID: 39390834

  • Date on Market: 2/10/2026

  • Last Updated:

  • Address: NVA Sumner Veterinary Hospital, Sumner, WA

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") }}