203 Government Ave | Valparaiso, FL 32580
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- LoopNet Team
203 Government Ave
Valparaiso, FL 32580
Innovetive Petcare - Niceville, FL · Retail Property For Sale
Investment Highlights
- Established National Tenant: Innovetive Petcare is a leading integrated veterinary healthcare platform with more than 80 locations across 16 states
- Strategic Relocation to Upgraded Facility: The tenant relocated to this larger facility to meet increased patient demand
- Secure, Long-Term Lease Structure: The 15-year Triple Net (NNN) lease offers passive ownership with minimal landlord responsibilities
- Experienced Operator in Growth Mode: Founded in 2015, the company specializes in acquiring and operating both specialty
- Recent Capital Improvements: Significant upgrades were completed in anticipation of the clinic’s opening
- Strong Demographic and Market Fundamentals: Located in Niceville, FL, a high-demand Gulf Coast market near Destin
Property Facts
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
4,800 SF
Building Class
C
Year Built
1955
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.49 AC
Frontage
154’ on GOVERNMENT AVE
Property Taxes
| Parcel Number | 12-1S-23-1230-0006-0010 | Improvements Assessment | $629,781 |
| Land Assessment | $162,433 | Total Assessment | $792,214 |
Property Taxes
Parcel Number
12-1S-23-1230-0006-0010
Land Assessment
$162,433
Improvements Assessment
$629,781
Total Assessment
$792,214
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