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Santa Fe Pet Hospital 3113 Beachwood Dr 8,000 SF Office Building Merced, CA 95348 $2,220,496 CAD ($277.56 CAD/SF) 7.74% Cap Rate
Investment Highlights
- Stable Investment – The property is backed by a long-term NNN lease with over 4 years remaining and dependable 3% annual rent increases
- Healthcare Real Estate | Recession Resistant Property – Veterinary Hospitals are extremely sought-after investments for their resistance to downturns
- Comprehensive Services | Multi-Doctor Location – PetVet Care Centers provides comprehensive, high-quality veterinary care
- Scheduled Rental Increases | Hedge Against Inflation – The lease features 3% annual rental escalators
- Prime Location – The ±8,000 SF practice is extremely well located along Beachwood Dr
- With a broad range of medical, surgical, and preventive services, PetVet delivers consistent, dependable care for pets and their families.
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
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
8,000 SF
Building Class
C
Year Built
2000
Price
$2,220,496 CAD
Price Per SF
$277.56 CAD
Cap Rate
7.74%
NOI
$171,808 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,000 SF
Building FAR
0.11
Lot Size
1.60 AC
Parking
25 Spaces (3.12 Spaces per 1,000 SF Leased)
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 057-500-042 | Improvements Assessment | $1,956,300 CAD |
| Land Assessment | $507,189 CAD | Total Assessment | $2,463,488 CAD |
Property Taxes
Parcel Number
057-500-042
Land Assessment
$507,189 CAD
Improvements Assessment
$1,956,300 CAD
Total Assessment
$2,463,488 CAD
Contacts
-
Andrew Evans -
Rahul Chhajed -
Michael Moreno -
Matthews Real Estate Investment Services
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Santa Fe Pet Hospital | 3113 Beachwood Dr
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