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Mission Pet Health | NNN Lease | +8 Yrs Term 107 Trade St 6,000 SF Retail Building Greenville, NC 27834 $1,872,164 CAD ($312.03 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Stable Investment – The property is backed by a long-term NNN lease with over ±8 years remaining
- Very Passive Lease Structure – There are minimal landlord responsibilities throughout the lease term, offering a passive investment
- Established Platform – Mission Pet Health is a leading owner and operator of locally managed veterinary hospitals
- Healthcare Real Estate | Recession Resistant Property – Veterinary hospitals are extremely sought-after investments
- Robust Growth Industry – The global veterinary services market size is expected to reach $142 Billion by 2025
Executive Summary
Broker of Record
Kyle Matthews
License # C38369 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # C38369 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,000 SF
Building Class
B
Year Built/Renovated
1970/1990
Price
$1,872,164 CAD
Price Per SF
$312.03 CAD
Cap Rate
6.50%
NOI
$121,691 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.56 AC
Parking
15 Spaces (2.5 Spaces per 1,000 SF Leased)
Frontage
63’ on Trade St
Amenities
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 002945 | Improvements Assessment | $456,045 CAD |
| Land Assessment | $268,434 CAD | Total Assessment | $724,479 CAD |
Property Taxes
Parcel Number
002945
Land Assessment
$268,434 CAD
Improvements Assessment
$456,045 CAD
Total Assessment
$724,479 CAD
Contacts
-
Andrew Evans -
Tyler Swade -
Michael Moreno -
Rahul Chhajed -
Matthews Real Estate Investment Services
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Photos
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Mission Pet Health | NNN Lease | +8 Yrs Term | 107 Trade St
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