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VCA Animal Hospital 521 Townline Rd 5,300 SF Retail Building Hauppauge, NY 11788 $2,348,109 CAD ($443.04 CAD/SF) 10% Cap Rate
Investment Highlights
- Favorable Lease Terms
- E-Commerce & Recession-Resistant Property
- Corporate Guarantee
Executive Summary
NNN Pro is pleased to present the exclusive listing for a VCA Animal Hospital located at 521 Townline Road, Hauppauge, NY 11788. The site consists of roughly 5,300 rentable square feet of building space on an estimated 1.3-acre parcel of land. This VCA Animal Hospital is subject to a 13-year Triple Net (NNN) lease, which commenced 10/8/2014. The current annual rent is $174,072 and has scheduled increases of 2.00% annually.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
5,300 SF
Building Class
C
Year Built
2012
Price
$2,348,109 CAD
Price Per SF
$443.04 CAD
Cap Rate
10%
NOI
$234,811 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.30 AC
Parking
25 Spaces (4.72 Spaces per 1,000 SF Leased)
Frontage
163’ on Townline Rd
Amenities
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 0800-155-00-05-00-005-001 | Improvements Assessment | $20,517 CAD |
| Land Assessment | $1,012 CAD | Total Assessment | $21,529 CAD |
Property Taxes
Parcel Number
0800-155-00-05-00-005-001
Land Assessment
$1,012 CAD
Improvements Assessment
$20,517 CAD
Total Assessment
$21,529 CAD
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VCA Animal Hospital | 521 Townline Rd
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