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Town N Country Animal Hospital 3496 Forestdale Dr 11,475 SF Office Building Burlington, NC 27215 $2,812,000 ($245.05/SF) 5.80% Cap Rate
Investment Highlights
- Great access from Huffman Mill Rd and S Church St | 51,000 VPD combined
- Long operating history | Town N County Animal Hospital has been in operation in Burlington for over 50 years and expanded to this location in 2022
- Affluent surrounding area | $98,398 average household income within a 3-mile radius
- Located inside of dense retail corridor | 5.8M SF within a 2-mile radius
- Large parcel | 2.48 acres
- 4,657 multi-family residential units and hundreds of single-family homes within 2-miles
Executive Summary
Matt Sagehorn and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Town N Country Animal Hospital in Burlington, NC. We welcome your review of this attractive investment.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Office
Property Subtype
Medical
Building Size
11,475 SF
Building Class
C
Year Built
2001
Price
$2,812,000
Price Per SF
$245.05
Cap Rate
5.80%
NOI
$163,090
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,737 SF
Slab To Slab
14’
Building FAR
0.11
Lot Size
2.48 AC
Parking
33 Spaces (2.88 Spaces per 1,000 SF Leased)
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Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 113130 | Improvements Assessment | $1,712,567 |
| Land Assessment | $832,500 | Total Assessment | $2,545,067 |
Property Taxes
Parcel Number
113130
Land Assessment
$832,500
Improvements Assessment
$1,712,567
Total Assessment
$2,545,067
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Town N Country Animal Hospital | 3496 Forestdale Dr
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