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Santa Fe Pet Hospital 3113 Beachwood Dr 8,000 SF Office Building Merced, CA 95348 $1,768,546 ($221.07/SF) 7% Cap Rate
Investment Highlights
- Stable Investment – The property is backed by a long-term NNN lease with over 4 years remaining and dependable 3% annual rent increases
- Healthcare Real Estate | Recession Resistant Property – Veterinary Hospitals are extremely sought-after investments for their resistance to downturns
- Comprehensive Services | Multi-Doctor Location – PetVet Care Centers provides comprehensive, high-quality veterinary care
- Scheduled Rental Increases | Hedge Against Inflation – The lease features 3% annual rental escalators
- Prime Location – The ±8,000 SF practice is extremely well located along Beachwood Dr
- With a broad range of medical, surgical, and preventive services, PetVet delivers consistent, dependable care for pets and their families.
Executive Summary
Broker of Record
David Harrington
License # 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
David Harrington
License # 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
8,000 SF
Building Class
C
Year Built
1999
Price
$1,768,546
Price Per SF
$221.07
Cap Rate
7%
NOI
$123,798
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,000 SF
Building FAR
0.11
Lot Size
1.60 AC
Parking
25 Spaces (3.12 Spaces per 1,000 SF Leased)
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Property Taxes
| Parcel Number | 057-500-042 | Improvements Assessment | $1,404,540 |
| Land Assessment | $364,140 | Total Assessment | $1,768,680 |
Property Taxes
Parcel Number
057-500-042
Land Assessment
$364,140
Improvements Assessment
$1,404,540
Total Assessment
$1,768,680
Contacts
-
Andrew Evans -
Rahul Chhajed -
Michael Moreno -
Matthews Real Estate Investment Services
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Santa Fe Pet Hospital | 3113 Beachwood Dr
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