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VCA Yorba Regional Animal Hospital 8290 E Crystal Dr 16,413 SF 4-Star Retail Building Anaheim, CA 92807 $13,490,000 ($821.91/SF) 5.32% Cap Rate



INVESTMENT HIGHLIGHTS
- Premier NNN facility located in the affluent city of Anaheim Hills and bordering Yorba Linda directly across from Savi Ranch.
- 2% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation.
- Nearby major retailers include Costco, Home Depot, Nordstrom Rack, Ashley Furniture, Kohl’s, PetsMart, Staples, Sprouts, and Dick’s Sporting Goods.
- Designed & built in 2005 (2018 remodel) as an animal hospital and winning the national distinction of Veterinary Economics Hospital of the Year!
- The tenant, VCA Yorba Regional Animal Hospital, has the distinction of being among the top 17% of small animal practices in the United States!
- Mars Veterinary Health owns and operates ± 3,000 veterinary clinics and hospitals worldwide, including VCA and many other brands.
EXECUTIVE SUMMARY
Alliance Investment Real Estate Group, as the exclusive listing agent, is pleased to offer the opportunity to acquire the fee simple interest in a Triple-Net (NNN) leased, freestanding, VCA Animal Hospital located in Anaheim Hills, California. This NNN opportunity offers a state of the art facility operated by the largest operator of veterinary hospitals in the United States, supporting 1,000+ practices nationwide. Designed and built from the ground up in 2005 and remodeled in 2018, this world class facility operates as a full service veterinary facility and awarded the exclusive national winner of the prestigious title of Veterinary Economics Hospital of the Year! The tenant is currently in their first option period with an additional option period remaining. The lease features 2% annual rental increases throughout the entire term of the lease. This location also has the distinction of being among the top 17% of small animal practices in the United States to be accredited by the American Animal Hospital Association (AAHA). Pet Resort and Grooming is a Gold Standard accredited facility of the Pet Care Services Association (PCSA). Strategically located across the street from Savi Ranch, which is a major commercial, industrial and office hub consisting of about 175 acres at the border of the affluent cities of Anaheim Hills and Yorba Linda. Several major nearby retailers include Costco, Home Depot, Ashley Furniture, Kohl’s, PetsMart, Staples, Sprouts, and Dick’s Sporting Goods. Additionally, the area hosts several quick-service restaurants and two large hotels.
Property sold in as-is condition and buyer to verify year built and square footage with the city. Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence.
Please call listing office for more information. NO OFFERS WILL BE CONSIDERED OR ACCEPTED BEFORE CALLING AGENT FIRST TO DISCUSS AT: 949-250-0400.
Property sold in as-is condition and buyer to verify year built and square footage with the city. Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence.
Please call listing office for more information. NO OFFERS WILL BE CONSIDERED OR ACCEPTED BEFORE CALLING AGENT FIRST TO DISCUSS AT: 949-250-0400.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
16,413 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
2006/2018
Price
$13,490,000
Price Per SF
$821.91
Cap Rate
5.32%
NOI
$717,056
Tenancy
Single
Building Height
2 Stories
Building FAR
0.36
Lot Size
1.04 AC
Zoning
CL, Anaheim - Commercial
Parking
37 Spaces (2.25 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 352-222-02 | Improvements Assessment | $2,815,695 |
| Land Assessment | $2,559,239 | Total Assessment | $5,374,934 |
PROPERTY TAXES
Parcel Number
352-222-02
Land Assessment
$2,559,239
Improvements Assessment
$2,815,695
Total Assessment
$5,374,934
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VCA Yorba Regional Animal Hospital | 8290 E Crystal Dr
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