Torrance Companion Animal Hospital 22221 S Vermont Ave 3,187 SF 100% Leased Retail Building Torrance, CA 90502 $1,996,920 ($626.58/SF) 6.50% Cap Rate

Located in the heart of Torrance’s thriving South Bay submarket, the Torrance Companion Animal Hospital presents a rare opportunity to acquire a stabilized, recession-resistant medical asset backed by institutional-grade tenancy. This ±3,187 SF veterinary facility is operated by PetVet Care Centers, one of the nation’s largest veterinary platforms with over 450 hospitals across 35+ states. The property benefits from a corporate lease guaranteed by PetVet Care Centers (California), LLC, offering investors strong regional credit support and operational diversification.
The hospital has served the South Bay community for decades, with significant tenant investment in custom exam rooms, surgical suites, and diagnostic areas—creating high relocation barriers and reinforcing long-term occupancy. The NN+ lease structure ensures passive ownership, with the tenant responsible for all operating expenses, including taxes, insurance (limited), and maintenance. Built-in 2% annual rent escalations provide predictable income growth, while the remaining ±3-year lease term includes two 5-year renewal options.
Strategically positioned on S Vermont Avenue, the property enjoys excellent visibility and access to I-405 and I-110, connecting it to the broader Los Angeles metro. Within a 5-mile radius, the population exceeds 550,000 with average household incomes above $120,000, supporting sustained demand for premium veterinary services. Nearby developments, including the $1.17 billion Harbor-UCLA Medical Center redevelopment and the 200-unit Soto luxury apartments, further enhance the area’s appeal and economic vitality.
This offering combines stable cash flow, institutional backing, and a prime location in one of Southern California’s most affluent and pet-focused communities.