LAKE CITY ANIMAL HOSPITAL (AVG)

170 SW Professional Glen, Lake City, FL 32025
$1,664,856

Cap Rate
6.75%
Term Remaining
±12.8 Years
NOI
$114,024
Property Type
Healthcare

INVESTMENT HIGHLIGHTS

  • COMPREHENSIVE SERVICES – The clinic offers a wide range of services, including preventive care, cancer care, diagnostics, surgery, wellness programs, boarding, grooming, and catering to diverse pet health needs.
  • ROBUST INDUSTRY GROWTH – The global veterinary services market size is expected to reach $142 Billion by 2025, with a CAGR of 5.6% during that period.
  • RECESSION RESISTANT PROPERTY – Veterinary Hospitals are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties.
  • VERY PASSIVE LEASE STRUCTURE – There are minimal landlord responsibilities throughout the lease term, offering a passive investment for both local and national investors.
  • ATTRACTIVE RENTAL INCREASES – The leases include a 2% annual rental increase, ensuring consistent revenue growth and protection against inflation over the lease term.
  • FLEXIBLE LEASE OPTION – The lease includes two additional 5-year options, allowing the tenant to extend their lease, which can provide security and predictability for future cash flows.
  • HIGHWAY PROXIMITY – The property is conveniently located just off U.S. Highway 90 and in close
    proximity to Interstate 75, providing easy access for clients from Lake City and surrounding areas. This prime location ensures strong regional connectivity and visibility for businesses.

 


Broker of Record

  • Kyle Matthews
  • License No. CQ1052263 (FL)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc.
  • 1600 West End,
    Ste. 1500 Nashville, TN 37203