Terrace Heights Family Pet Clinic |NNN| 5Yrs 721 N Keys Rd 2,534 SF Office Building Yakima, WA 98901 $820,490 ($323.79/SF) 7% Cap Rate

TWG is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NNN leased, freestanding, Terrace Heights Family Pet Clinic investment property located in Yakima, Washington. The Tenant, Western Veterinary Partners, has over 5 years remaining in their recently extended term with 1 (one) 5-year options to extend. The lease features annual rental increases of 2%. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Western Veterinary Partners acquires and supports veterinary practices and animal hospitals with the non-clinical business challenges they face by providing industry proven non-clinical administrative support services.
Terrace Heights Family Pet Clinic is strategically located on N Keys Road. The site benefits from superior visibility via significant street frontage and a monument sign situated along N Keys Road. It shares this busy Yakima area with businesses like Burger King, 7-11, Subway, True Value, Shell. The location benefits from the frequent street traffic of N Keys Road, which sees 1,070 vehicles daily. The 5-mile trade area is supported by a population of 99,529 and 46,720 daytime employees with an average household income of $86,828.