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St Johns Animal Clinic 4137 S US Highway 27 3,000 SF Retail Building Saint Johns, MI 48879 $1,125,600 CAD ($375.20 CAD/SF) 8.75% Cap Rate
Investment Highlights
- Only full-service veterinary hospital in St Johns with nearest competitor over 8 miles away
- Comprehensive $1,000,000+ renovation and expansion completed in 2022
- Affluent community with median household income exceeding $94,000 within 3-mile radius
- Over 50 years of trusted service, founded in 1974 as established community staple
- Corporate guaranty from Heartland Veterinary Partners operating 300+ locations nationwide
- Recession-resistant healthcare real estate with strong resistance to economic downturns
Executive Summary
Matt Fitzgerald
License # 6502432668, 6505432273 (MI)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # 6502432668, 6505432273 (MI)
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
Veterinarian/Kennel
Building Size
3,000 SF
Building Class
C
Year Built/Renovated
1974/2022
Price
$1,125,600 CAD
Price Per SF
$375.20 CAD
Cap Rate
8.75%
NOI
$98,490 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.25 AC
Parking
22 Spaces
Not walkable
10/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 030-034-200-040-00 | Improvements Assessment | $227,681 CAD |
| Land Assessment | $68,857 CAD | Total Assessment | $296,538 CAD |
Property Taxes
Parcel Number
030-034-200-040-00
Land Assessment
$68,857 CAD
Improvements Assessment
$227,681 CAD
Total Assessment
$296,538 CAD
(424) 277-6755
x3885
Contacts
-
Cameron Davodi -
Andrew Evans -
Rahul Chhajed -
Michael Moreno -
Matthews Real Estate Investment Services
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St Johns Animal Clinic | 4137 S US Highway 27
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