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Clinton Animal Hospital 8109 Highway 63 2,363 SF Retail Building Clinton, LA 70722 $727,406 ($307.83/SF) 8.75% Cap Rate



EXECUTIVE SUMMARY
CORPORATE LEASE GUARANTEE
Alliance Animal Health is a veterinary services organization with 214 locations nationwide. Alliance recently reached 200 locations in 2024 and continues to expand its footprint partnering with new practices at a rate of nearly one a month since reaching this milestone.
NET LEASE WITH SCHEDULED RENTAL INCREASES
The lease features limited Landlord responsibilities with scheduled rent increases of 2.0% each year. Built in 1994, the property features metal roof construction with an HVAC system that was recently upgraded and replaced in 2024. In 2018, the kennel area was completely remodeled which included new outdoor runs.
DESIRABLE PRACTICE PROFILE WITH STABLE UNIT LEVEL PERFORMANCE
Clinton Animal Hospital is staffed by two full-time veterinarians, with an additional full-time veterinarian currently in the onboarding process, along with one part-time veterinarian. The practice offers a comprehensive range of services, including surgery. Collectively, the veterinary team generates market-level revenue consistent with similarly sized practices — contact Broker for more details.
ESTABLISHED PRACTICE WITH FAVORABLE HEALTH RATIO/ RENT-TO-SALES
Founded in 1980, Clinton Animal Hospital has a nearly 45-year history of serving the local and regional community. The practice operates with a strong financial profile, including a favorable rent-to-sales ratio of under 5% — contact Broker for more details.
Alliance Animal Health is a veterinary services organization with 214 locations nationwide. Alliance recently reached 200 locations in 2024 and continues to expand its footprint partnering with new practices at a rate of nearly one a month since reaching this milestone.
NET LEASE WITH SCHEDULED RENTAL INCREASES
The lease features limited Landlord responsibilities with scheduled rent increases of 2.0% each year. Built in 1994, the property features metal roof construction with an HVAC system that was recently upgraded and replaced in 2024. In 2018, the kennel area was completely remodeled which included new outdoor runs.
DESIRABLE PRACTICE PROFILE WITH STABLE UNIT LEVEL PERFORMANCE
Clinton Animal Hospital is staffed by two full-time veterinarians, with an additional full-time veterinarian currently in the onboarding process, along with one part-time veterinarian. The practice offers a comprehensive range of services, including surgery. Collectively, the veterinary team generates market-level revenue consistent with similarly sized practices — contact Broker for more details.
ESTABLISHED PRACTICE WITH FAVORABLE HEALTH RATIO/ RENT-TO-SALES
Founded in 1980, Clinton Animal Hospital has a nearly 45-year history of serving the local and regional community. The practice operates with a strong financial profile, including a favorable rent-to-sales ratio of under 5% — contact Broker for more details.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,363 SF
Building Class
C
Year Built/Renovated
1994/2024
Price
$727,406
Price Per SF
$307.83
Cap Rate
8.75%
NOI
$63,648
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.00 AC
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Clinton Animal Hospital
- Professional, Scientific, and Technical Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Clinton Animal Hospital | Professional, Scientific, and Technical Services | - | - | - |
PROPERTY TAXES
| Parcel Number | 51-00020100 | Improvements Assessment | $7,220 |
| Land Assessment | $2,480 | Total Assessment | $9,700 |
PROPERTY TAXES
Parcel Number
51-00020100
Land Assessment
$2,480
Improvements Assessment
$7,220
Total Assessment
$9,700
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Clinton Animal Hospital | 8109 Highway 63
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