Skip to main content

Single-Tenant Office Medical

VCA ANIMAL HOSPITALS

3710 E Racine St, Janesville, WI 53546

Listing Price: $2,240,000

Cap Rate
7.00%
Tenant Name
VCA ANIMAL HOSPITALS
Years Remaining On Lease
5.2
Gross SF
4,700
Guarantor
Corporate Guarantee
Rentable SF
4,700
Price/Gross SF
$476.60
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$33.36

Investment Overview

LOCATED ALONG E RACINE ST (11,768+ VPD) OVER 64,000 RESIDENTS WITHIN FIVE MILES AVERAGE HOUSEHOLD INCOME OF $73,804 WITHIN FIVE MILES

Investment Highlights

  • CORPORATE GUARANTEE - VCA ANIMAL HOSPITALS, INC. (OVER 1,000 VET CLINICS)
  • JUST OVER FIVE YEARS REMAIN - 2% ANNUAL RENT INCREASES
  • TWO –FIVE YEAR OPTIONS (WITH 2% ANNUAL RENT INCREASES)
  • TRIPLE-NET LEASE (TENANT RESPONSIBLE FOR, REAL ESTATE TAXES, INSURANCE, CAM, ROOF, STRUCTURE, HVAC & PARKING LOT
  • BUILD-TO-SUIT VET CLINC IN 2013
  • JUST EAST OF SSM HEALTH ST. MARY'S HOSPITAL

Exclusively Listed By

Financing By

Single-Tenant Office Medical

VCA ANIMAL HOSPITALS

Listing Price: $2,240,000

Cap Rate
7.00%
Tenant Name
VCA ANIMAL HOSPITALS
Years Remaining On Lease
5.2
Gross SF
4,700
Guarantor
Corporate Guarantee
Rentable SF
4,700
Price/Gross SF
$476.60
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$33.36

Investment Highlights

  • CORPORATE GUARANTEE - VCA ANIMAL HOSPITALS, INC. (OVER 1,000 VET CLINICS)
  • JUST OVER FIVE YEARS REMAIN - 2% ANNUAL RENT INCREASES
  • TWO –FIVE YEAR OPTIONS (WITH 2% ANNUAL RENT INCREASES)
  • TRIPLE-NET LEASE (TENANT RESPONSIBLE FOR, REAL ESTATE TAXES, INSURANCE, CAM, ROOF, STRUCTURE, HVAC & PARKING LOT
  • BUILD-TO-SUIT VET CLINC IN 2013
  • JUST EAST OF SSM HEALTH ST. MARY'S HOSPITAL

Investment Overview

LOCATED ALONG E RACINE ST (11,768+ VPD) OVER 64,000 RESIDENTS WITHIN FIVE MILES AVERAGE HOUSEHOLD INCOME OF $73,804 WITHIN FIVE MILES

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower