Single-Tenant Office Medical
Veterinary Innovative Partners (Portfolio)
456 Albany Ave, Kingston, NY 12401
Listing Price: $1,957,326
Cap Rate
9.50%
Tenant Name
Veterinary Innovative Partners
Years Remaining On Lease
6.4
Guarantor
Corporate Guarantee
Rentable SF
8,926
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$20.83
Investment Overview
See Investment Highlights
Investment Highlights
- Absolute Net Lease - This investment offers a completely passive, long-term opportunity for both local and national investors who want zero landlord responsibilities.
- Corporate Guarantee - The property includes a corporate guarantee from Veterinary Innovative Partners, which owns over 70 veterinary clinics and hospitals across 12 states.
- 6+ Years Remaining - There are over 6 years left in the primary term, and an additional 5-year option period that includes annual rental increases.
- Veterinary Market Growth - The U.S. veterinarians market was valued at $11.92 billion in 2022, and it's projected to grow at a CAGR of 8.7% from 2023 to 2030 (Grand View Research).
Exclusively Listed By
Broker of Record
Single-Tenant Office Medical
Veterinary Innovative Partners (Portfolio)
Listing Price: $1,957,326
Cap Rate
9.50%
Tenant Name
Veterinary Innovative Partners
Years Remaining On Lease
6.4
Guarantor
Corporate Guarantee
Rentable SF
8,926
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$20.83
Investment Highlights
- Absolute Net Lease - This investment offers a completely passive, long-term opportunity for both local and national investors who want zero landlord responsibilities.
- Corporate Guarantee - The property includes a corporate guarantee from Veterinary Innovative Partners, which owns over 70 veterinary clinics and hospitals across 12 states.
- 6+ Years Remaining - There are over 6 years left in the primary term, and an additional 5-year option period that includes annual rental increases.
- Veterinary Market Growth - The U.S. veterinarians market was valued at $11.92 billion in 2022, and it's projected to grow at a CAGR of 8.7% from 2023 to 2030 (Grand View Research).
Investment Overview
See Investment Highlights
Exclusively Listed By
Broker of Record

