Skip to main content

Single-Tenant Office Medical

National Veterinary Associates - College Garden Animal Hospital

502 E College Blvd, Roswell, NM 88201

Listing Price: $901,170

Cap Rate
10.00%
Tenant Name
National Veterinary Associates
Years Remaining On Lease
1.0
Gross SF
4,785
Guarantor
Corporate Guarantee
Rentable SF
4,785
Price/Gross SF
$188.33
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.83

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale NVA's College Garden Animal Hospital. Established in 1983, College Garden Animal Hospital is a full-service veterinary medical facility, the largest animal hospital in the surrounding area for over 30 years.

Investment Highlights

  • National Veterinary Associates (NVA) is one of the largest operators of freestanding veterinary hospitals and pet resorts in the world with over 1,500 locations and $4 billion revenue.
  • College Garden Animal Hospital serves as the largest animal hospital in the area, spanning for more than 40 years.
  • Purpose-built 4,785 SF multi-specialty hospital on 1 acre. Replacement cost of the tenant build-out is substantial, a powerful driver of renewal behavior in specialty veterinary real estate.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (505) 445-6333

    License(s) NM: 20675

    New Mexico

Financing By

Single-Tenant Office Medical

National Veterinary Associates - College Garden Animal Hospital

Listing Price: $901,170

Cap Rate
10.00%
Tenant Name
National Veterinary Associates
Years Remaining On Lease
1.0
Gross SF
4,785
Guarantor
Corporate Guarantee
Rentable SF
4,785
Price/Gross SF
$188.33
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.83

Investment Highlights

  • National Veterinary Associates (NVA) is one of the largest operators of freestanding veterinary hospitals and pet resorts in the world with over 1,500 locations and $4 billion revenue.
  • College Garden Animal Hospital serves as the largest animal hospital in the area, spanning for more than 40 years.
  • Purpose-built 4,785 SF multi-specialty hospital on 1 acre. Replacement cost of the tenant build-out is substantial, a powerful driver of renewal behavior in specialty veterinary real estate.

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale NVA's College Garden Animal Hospital. Established in 1983, College Garden Animal Hospital is a full-service veterinary medical facility, the largest animal hospital in the surrounding area for over 30 years.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (505) 445-6333

    License(s): NM: 20675

    New Mexico

Financing By

MM Texture Background
MM Textured Background Lower