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VetnCare | 3 Property Bay Area Vet Port 2 Retail Properties Offered at $3,909,198 in Multiple Locations



INVESTMENT HIGHLIGHTS
- Stable Investment: There are ±6.7 years remaining on the NNN leases with lesser of 4.5% or CPI annual increases
- Healthcare Real Estate | Recession Resistant Property: Veterinary hospitals are extremely sought-after investments
- VetnCare: VetnCare is a dedicated veterinary management services organization
- Scheduled Rent Increases | Hedge Against Inflation: The leases feature annual rental escalators (Lesser of 4.5% or CPI Increase Annually)
- Tenant Investment In Location: Pet hospitals rarely relocate due to the difficulty of retaining the same patients in a new location
- Very Passive Lease Structure: There are minimal landlord responsibilities throughout the lease term
EXECUTIVE SUMMARY
Broker of Record
David Harrington
License # 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
David Harrington
License # 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
PROPERTY FACTS
| Price | $3,909,198 | Number of Properties | 3 |
| Price / SF | $781.84 / SF | Individually For Sale | 0 |
| Cap Rate | 7.18% | Total Building Size | 5,000 SF |
| Sale Type | Investment | Total Land Area | 0.45 AC |
| Status | Active |
| Price | $3,909,198 |
| Price / SF | $781.84 / SF |
| Cap Rate | 7.18% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 5,000 SF |
| Total Land Area | 0.45 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2423 Grove Way, Castro Valley, CA 94546 | Retail | 3,400 SF | 1975 | - |
| 1400 San Pablo Ave, Pinole, CA 94564 | Retail | 1,600 SF | 1968 | - |
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VetnCare | 3 Property Bay Area Vet Port
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