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6981 N Highway 160, Pahrump, NV, 89060

Animal Care Center Of Pahrump

$976,000

Key Information

Cap Rate
7.5%
$ per SF
$242
Lot Size
-14.39 Acres
Year Built
1997
Term Remaining
± 8.19 Years
Type
Healthcare
Occupancy
100%
NOI
$73,200
Leasable Area
4,032

Highlights

• Tenant Investment In Location
Veterinary hospitals rarely relocate due to high build-out costs and difficulty in retaining the same patients after moving.
Very Passive Lease Structure
This investment offers a very passive, ‘hands-off’ opportunity for both local and national investors.
• Ideal 1031 Exchange Property
With a long-term lease and minimal landlord responsibilities, this is an ideal property for a local or out of state investor.
• 5% Admin Fee
The lease is structured to include an additional 5% administration fee that increases the return. The admin fee is calculated as part of the NOI.
• Expanding Operations
AmeriVet Veterinary Partners is a premier veterinary operator that expands by acquiring existing veterinary practices that are already successful and established within their communities. The company has built a substantial national footprint, with 213 veterinary clinics across 37 states, demonstrating its scale, geographic diversification, and established presence throughout the United States.
• $157 Billion Industry
The U.S. pet industry spending exceeds $157 billion annually with a projected CAGR ranging from 7.1% – 8.1% by the early 2030s.

Photos

Location

Agents

Broker of Record

David Harrington

License # B.1003120.CORP, B.1003120.CORP (NV)
Matthews Real Estate Investment Services, Inc
400 S. 4th St., Suite 500, Las Vegas, NV 89101