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Single-Tenant Office Medical

Eye Specialists for Animals of Colorado Springs

3515 American Dr, Colorado Springs, CO 80917

Listing Price: $1,161,000

Cap Rate
6.75%
Tenant Name
Mission Pet Health
Years Remaining On Lease
10.4
Guarantor
Corporate Guarantee
Rentable SF
2,680
Lease Type
Absolute Net
Rent Per Square Feet
$29.22

Investment Overview

Marcus & Millichap is Pleased to Present The Eye Care Specialists for Animals, Located in Colorado Springs, Colorado. The Single Tenant Animal Hospital is 100 percent leased to the National Veterinary Service Provider, Mission Pet Health, Formerly known as Southern Veterinary Partners (SVP). Mission Pet Health has Practiced in Colorado Springs Since 2021 and has 10.5 Years Remaining on the Original 15 Year Lease, with two, five Year renewal options. SVP was founded in 2014 and
Recently Merged and Recapitalized for $8.6 Billion to now have Over 730 Veterinary Hospitals in the United States. The Specialized Animal Eye Care Hospital is Strategically Located Near a Major Retail Market Featuring Dozens of National Retailers such as Walmart, Goodwill, Pet Supplies Plus, Jiffy Lube, and more.

Investment Highlights

  • Over 10 Years Remaining on Original 15 Year Triple-Net Lease with Renewal Options
  • Fully Leased to Mission Pet Health, a National Veterinary Provider
  • Mission Pet Health Operates more than 750 Clinics Nationwide

Broker of Record

  • Adam Lewis

    Senior Managing Director, Market Leader- Colorado/Idaho

    (303) 328-2000

    License(s) CO: ER100091205

    Colorado

Single-Tenant Office Medical

Eye Specialists for Animals of Colorado Springs

Listing Price: $1,161,000

Cap Rate
6.75%
Tenant Name
Mission Pet Health
Years Remaining On Lease
10.4
Guarantor
Corporate Guarantee
Rentable SF
2,680
Lease Type
Absolute Net
Rent Per Square Feet
$29.22

Investment Highlights

  • Over 10 Years Remaining on Original 15 Year Triple-Net Lease with Renewal Options
  • Fully Leased to Mission Pet Health, a National Veterinary Provider
  • Mission Pet Health Operates more than 750 Clinics Nationwide

Investment Overview

Marcus & Millichap is Pleased to Present The Eye Care Specialists for Animals, Located in Colorado Springs, Colorado. The Single Tenant Animal Hospital is 100 percent leased to the National Veterinary Service Provider, Mission Pet Health, Formerly known as Southern Veterinary Partners (SVP). Mission Pet Health has Practiced in Colorado Springs Since 2021 and has 10.5 Years Remaining on the Original 15 Year Lease, with two, five Year renewal options. SVP was founded in 2014 and Recently Merged and Recapitalized for $8.6 Billion to now have Over 730 Veterinary Hospitals in the United States. The Specialized Animal Eye Care Hospital is Strategically Located Near a Major Retail Market Featuring Dozens of National Retailers such as Walmart, Goodwill, Pet Supplies Plus, Jiffy Lube, and more.

Broker of Record

  • Adam Lewis

    Senior Managing Director, Market Leader- Colorado/Idaho

    (303) 328-2000

    License(s): CO: ER100091205

    Colorado

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