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Brodheadsville Veterinary Clinic| NNN|6 Years 1799 US-209 6,437 SF Retail Building Brodheadsville, PA 18322 $1,337,398 CAD ($207.77 CAD/SF) 7.99% Cap Rate



INVESTMENT HIGHLIGHTS
- MORE THAN 6 YEARS REMAINING | ANNUAL RENTAL INCREASES | REPUTABLE OPERATOR
- STRONG DEMOGRAPHICS IN 5-MILE TRADE AREA | HIGH BARRIERS TO ENTRY SUBMARKET
- EXCELLENT VISIBILITY | LOCATED OFF ROUTE 209 | LOCATED ALONG MAJOR THOROUGHFARE
- LIMITED LANDLORD RESPONSIBILITIES | LOW-MANAGEMENT
EXECUTIVE SUMMARY
TWG is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NNN leased, freestanding, Brodheadsville Veterinary Clinic, investment property located in Brodheadsville, Pennsylvania. The Tenant, PetVet Care Centers, has over 6 years remaining in their initial term with 2 5-year options to extend. The lease features annual rental increases of 2%. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. With more than 450 locally-led General Practice, Speciality, Emergency, and Equine hospitals, PetVet Care Centers offers outstanding care across the country. Built in 1904, the main building stands at the front of the property, while the wellness clinic behind it has been completely renovated and expanded with two new exam rooms.
Brodheadsville Veterinary Clinic is strategically located on US-209. The site benefits from superior visibility via significant street frontage and a facade sign situated along US-209. It shares this busy Brodheadsville area with businesses like McDonald’s, KFC, Taco Bell, Burger King and CVS Pharmacy. The location benefits from the frequent street traffic of US-209, which sees 24,611 vehicles daily. The 5-mile trade area is supported by a population of 22,054 and 3,451 daytime employees with an average household income of $133,163.
Brodheadsville Veterinary Clinic is strategically located on US-209. The site benefits from superior visibility via significant street frontage and a facade sign situated along US-209. It shares this busy Brodheadsville area with businesses like McDonald’s, KFC, Taco Bell, Burger King and CVS Pharmacy. The location benefits from the frequent street traffic of US-209, which sees 24,611 vehicles daily. The 5-mile trade area is supported by a population of 22,054 and 3,451 daytime employees with an average household income of $133,163.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Building Size
6,437 SF
Building Class
C
Year Built
1904
Price
$1,337,398 CAD
Price Per SF
$207.77 CAD
Cap Rate
7.99%
NOI
$106,903 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.12
Lot Size
1.23 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02.3.1.39 | Improvements Assessment | $393,232 CAD |
| Land Assessment | $143,288 CAD | Total Assessment | $536,520 CAD |
PROPERTY TAXES
Parcel Number
02.3.1.39
Land Assessment
$143,288 CAD
Improvements Assessment
$393,232 CAD
Total Assessment
$536,520 CAD
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Brodheadsville Veterinary Clinic| NNN|6 Years | 1799 US-209
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