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Single-Tenant Office Medical

Veterinary Innovative Partners (Portfolio)

4 Plumtree Rd, Springfield, MA 01118

Listing Price: $240,000

Cap Rate
7.00%
Tenant Name
Veterinary Innovative Partners
Years Remaining On Lease
7.4
Guarantor
Corporate Guarantee
Rentable SF
2,750
Lease Type
Absolute Net
Rent Per Square Feet
$6.11

Investment Overview

See Highlights

Investment Highlights

  • Recession-Resistant Property -Veterinary hospitals are highly sought after for their resilience during economic downturns and e-commerce trends that affect traditional retail.
  • Strong Unit-Level Operations - The tenant has shown extremely healthy unit-level operations over the last few years with continued growth of their customer base.
  • Dense Population - With 230,000+ residents and 91,000+ households within 5 miles, there is an ample customer base for the tenant.
  • Below Market Rent - This subject property has a bite-sized price point with below-market rents offering the perfect addition to a portfolio or as a first investment.
  • Absolute Net Lease - This investment offers a completely passive, long-term opportunity for both local and national investors boasting no landlord responsibilities.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s) MA: 1000485

    Massachusetts

Financing By

Single-Tenant Office Medical

Veterinary Innovative Partners (Portfolio)

Listing Price: $240,000

Cap Rate
7.00%
Tenant Name
Veterinary Innovative Partners
Years Remaining On Lease
7.4
Guarantor
Corporate Guarantee
Rentable SF
2,750
Lease Type
Absolute Net
Rent Per Square Feet
$6.11

Investment Highlights

  • Recession-Resistant Property -Veterinary hospitals are highly sought after for their resilience during economic downturns and e-commerce trends that affect traditional retail.
  • Strong Unit-Level Operations - The tenant has shown extremely healthy unit-level operations over the last few years with continued growth of their customer base.
  • Dense Population - With 230,000+ residents and 91,000+ households within 5 miles, there is an ample customer base for the tenant.
  • Below Market Rent - This subject property has a bite-sized price point with below-market rents offering the perfect addition to a portfolio or as a first investment.
  • Absolute Net Lease - This investment offers a completely passive, long-term opportunity for both local and national investors boasting no landlord responsibilities.

Investment Overview

See Highlights

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s): MA: 1000485

    Massachusetts

Financing By

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