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VCA Animal Hospital 521 Townline Rd 5,300 SF Retail Building Hauppauge, NY 11788 $1,740,720 ($328.44/SF) 10% Cap Rate
INVESTMENT HIGHLIGHTS
- Favorable Lease Terms
- E-Commerce & Recession-Resistant Property
- Corporate Guarantee
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a VCA Animal Hospital located at 521 Townline Road, Hauppauge, NY 11788. The site consists of roughly 5,300 rentable square feet of building space on an estimated 1.3-acre parcel of land. This VCA Animal Hospital is subject to a 13-year Triple Net (NNN) lease, which commenced 10/8/2014. The current annual rent is $174,072 and has scheduled increases of 2.00% annually.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
5,300 SF
Building Class
C
Year Built
2012
Price
$1,740,720
Price Per SF
$328.44
Cap Rate
10%
NOI
$174,072
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.30 AC
Parking
25 Spaces (4.72 Spaces per 1,000 SF Leased)
Frontage
163’ on Townline Rd
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0800-155-00-05-00-005-001 | Improvements Assessment | $15,210 |
| Land Assessment | $750 | Total Assessment | $15,960 |
PROPERTY TAXES
Parcel Number
0800-155-00-05-00-005-001
Land Assessment
$750
Improvements Assessment
$15,210
Total Assessment
$15,960
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VCA Animal Hospital | 521 Townline Rd
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