Single-Tenant Office Medical
Veterinary Innovative Partners
13705 Lee Jackson Memorial Hwy Service Rd, Chantilly, VA 20151
Listing Price: $3,584,000
Cap Rate
5.40%
Tenant Name
Veterinary Innovative Partners
Years Remaining On Lease
6.0
Gross SF
6,000
Guarantor
Corporate Guarantee
Rentable SF
6,000
Price/Gross SF
$597.33
Lease Type
Absolute Net
Rent Per Square Feet
$32.25
Investment Overview
See Highlights
Veterinary Innovative Partners
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.
- Strong MSA Market - Chantilly is located within the Suburban Virginia, just outside of Washington D.C-Arlington-Alexandria.
- Dense, Affluent Demographics - With 251,300+ residents and 91,400+ households within 5 miles, there is an ample customer base for the tenant.
- Below Market Rent - The two month-to-month leased spaces are significantly below market rent, allowing an incoming investor substantial upside
- 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
-
Brian Hosey
Senior Managing Director / Market Leader
Single-Tenant Office Medical
Veterinary Innovative Partners
Listing Price: $3,584,000
Cap Rate
5.40%
Tenant Name
Veterinary Innovative Partners
Years Remaining On Lease
6.0
Gross SF
6,000
Guarantor
Corporate Guarantee
Rentable SF
6,000
Price/Gross SF
$597.33
Lease Type
Absolute Net
Rent Per Square Feet
$32.25
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.
- Strong MSA Market - Chantilly is located within the Suburban Virginia, just outside of Washington D.C-Arlington-Alexandria.
- Dense, Affluent Demographics - With 251,300+ residents and 91,400+ households within 5 miles, there is an ample customer base for the tenant.
- Below Market Rent - The two month-to-month leased spaces are significantly below market rent, allowing an incoming investor substantial upside
- 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 Highlights
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director / Market Leader
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