423 S Buchanan St | Edwardsville, IL 62025
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- LoopNet Team
423 S Buchanan St
Edwardsville, IL 62025
EDWARDSVILLE PET HOSPITAL (VETCOR) · Retail Property For Sale
Investment Highlights
- Inflation-Protected Lease Structure – Attractive 2% annual rental increases are built-in throughout the base term and option periods
- Located On Main Retail Thoroughfare – The Edwardsville Pet Hospital is located on S Buchanan Street, which sees over 15,000 VPD
- Robust Industry Growth – The global veterinary services market size is expected to reach $142 billion by 2025 with a CAGR of 5.6% during that period
- E-Commerce & Recession-Resistant Property – Veterinary properties are extremely sought-after investments for their resistance to economic downturns
- Extremely Insulated to Economic Downturns – Pet Care spending grew during the past two economic downturns and recession
Property Facts
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
2,200 SF
Building Class
C
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.18 AC
Parking
22 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Property Taxes
| Parcel Number | 14-2-15-11-20-401-002 | Improvements Assessment | $84,800 |
| Land Assessment | $29,700 | Total Assessment | $114,500 |
Property Taxes
Parcel Number
14-2-15-11-20-401-002
Land Assessment
$29,700
Improvements Assessment
$84,800
Total Assessment
$114,500
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