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PetVet 649 W Boston Post Rd 7,876 SF Retail Building Mamaroneck, NY 10543 $3,102,973 ($393.98/SF) 7.50% Cap Rate
Investment Highlights
- Long Term Lease | The original 10-year double-net lease, currently has over six years remaining. The lease features 2% annual increases
- E-Commerce & Recession-Resistant Property
- Strong PE Backed Operator | PetVet is a premier operator of veterinary hospitals across the nation. With over 450 sites in 40 states within the US
Executive Summary
Surmount is pleased to present the exclusive listing for a PetVet located at 649 West Boston Post Road, Mamaroneck, New York 10543. The site consists of roughly 7876 rentable square feet of building space on an estimated 0.24-acre parcel of land. This PetVet is subject to a 10-year Double Net (NN) lease, which commenced 6/16/2021. The current annual rent is $232,723 and has scheduled increases of 2.00% Annually.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
7,876 SF
Building Class
B
Year Built/Renovated
1940/2000
Price
$3,102,973
Price Per SF
$393.98
Cap Rate
7.50%
NOI
$232,723
Tenancy
Single
Building Height
2 Stories
Building FAR
0.76
Lot Size
0.24 AC
Zoning
C1
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- PetVet
- Professional, Scientific, and Technical Services
- -
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$9.99
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| PetVet | Professional, Scientific, and Technical Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (83)
Nearby Major Retailers
Property Taxes
| Parcel Number | 3203-009-000-00020-000-0439 | Improvements Assessment | $1,090,000 |
| Land Assessment | $750,000 | Total Assessment | $1,840,000 |
Property Taxes
Parcel Number
3203-009-000-00020-000-0439
Land Assessment
$750,000
Improvements Assessment
$1,090,000
Total Assessment
$1,840,000
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PetVet | 649 W Boston Post Rd
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