Skip to main content

Single-Tenant Office Medical

NNN Animal Hospital | 10 Years Lease Term | 7% Cap

14401 Mono Way, Sonora, CA 95370

Listing Price: $1,820,000

Cap Rate
7.00%
Tenant Name
PetVet Care Centers Inc.
Years Remaining On Lease
9.6
Gross SF
3,272
Guarantor
Corporate Guarantee
Rentable SF
3,272
Price/Gross SF
$556.23
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$39.24

Investment Overview

Marcus & Millichap is pleased to present 1441 Mono Way, Sonora, CA, a veterinary real estate offering comprised of two buildings situated across three parcels.

Originally constructed in 1974, the improvements total approximately 4,872 rentable square feet and are located on 1.43 acres. The primary veterinary building is operated by PetVet Care Centers, doing business as Mono Way Veterinary Hospital, under a triple-net lease featuring 2% annual rent increases, one five-year renewal option, and a corporate guarantee. There are approximately ten years remaining on the current lease term.

In addition to the primary clinic, the property includes a 1,600-square-foot building operating as Paws Inn Pet Resort, providing supplemental pet boarding and care services. The offering also includes an adjacent 0.85-acre parcel dedicated to large-animal and equine veterinary services. This parcel is improved with a large covered equine exam room and a riding rink used for mobile rehabilitation and equine evaluation.

Mono Way Veterinary Hospital is a full-service animal care facility providing comprehensive medical, surgical, and preventive services. The practice accommodates routine wellness visits as well as advanced diagnostic and treatment needs, serving the community from a well-established clinical setting focused on long-term animal health.

PetVet is a nationwide veterinary care platform supporting a broad network of animal hospitals and preventive care clinics across the United States. The organization provides centralized operational resources while allowing local practices to maintain independent medical leadership and clinical decision-making.

The property is located along Mono Way, one of Sonora’s primary retail and service corridors, offering strong
visibility and convenient access to shopping, dining, and daily amenities. Mono Way provides direct connectivity to California State Route 108, a major east-west transportation route linking Sonora to the Central Valley and the Sierra Nevada, supporting strong regional accessibility.

Investment Highlights

  • Single Tenant NNN lease
  • 2% Annual Increase
  • PetVet Care Centers - 420+ Locations Nationally

Exclusively Listed By

Broker of Record

  • Tony Solomon

    Senior Managing Director, Market Leader - Los Angeles

    (310) 909-5450

    License(s) CA: 01238010

    California

Single-Tenant Office Medical

NNN Animal Hospital | 10 Years Lease Term | 7% Cap

Listing Price: $1,820,000

Cap Rate
7.00%
Tenant Name
PetVet Care Centers Inc.
Years Remaining On Lease
9.6
Gross SF
3,272
Guarantor
Corporate Guarantee
Rentable SF
3,272
Price/Gross SF
$556.23
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$39.24

Investment Highlights

  • Single Tenant NNN lease
  • 2% Annual Increase
  • PetVet Care Centers - 420+ Locations Nationally

Investment Overview

Marcus & Millichap is pleased to present 1441 Mono Way, Sonora, CA, a veterinary real estate offering comprised of two buildings situated across three parcels. Originally constructed in 1974, the improvements total approximately 4,872 rentable square feet and are located on 1.43 acres. The primary veterinary building is operated by PetVet Care Centers, doing business as Mono Way Veterinary Hospital, under a triple-net lease featuring 2% annual rent increases, one five-year renewal option, and a corporate guarantee. There are approximately ten years remaining on the current lease term. In addition to the primary clinic, the property includes a 1,600-square-foot building operating as Paws Inn Pet Resort, providing supplemental pet boarding and care services. The offering also includes an adjacent 0.85-acre parcel dedicated to large-animal and equine veterinary services. This parcel is improved with a large covered equine exam room and a riding rink used for mobile rehabilitation and equine evaluation. Mono Way Veterinary Hospital is a full-service animal care facility providing comprehensive medical, surgical, and preventive services. The practice accommodates routine wellness visits as well as advanced diagnostic and treatment needs, serving the community from a well-established clinical setting focused on long-term animal health. PetVet is a nationwide veterinary care platform supporting a broad network of animal hospitals and preventive care clinics across the United States. The organization provides centralized operational resources while allowing local practices to maintain independent medical leadership and clinical decision-making. The property is located along Mono Way, one of Sonora’s primary retail and service corridors, offering strong visibility and convenient access to shopping, dining, and daily amenities. Mono Way provides direct connectivity to California State Route 108, a major east-west transportation route linking Sonora to the Central Valley and the Sierra Nevada, supporting strong regional accessibility.

Exclusively Listed By

Broker of Record

  • Tony Solomon

    Senior Managing Director, Market Leader - Los Angeles

    (310) 909-5450

    License(s): CA: 01238010

    California

MM Texture Background
MM Textured Background Lower