This exceptional investment opportunity presents a single-tenant, 5,800 square foot animal hospital in Marysville, PA, generating a strong NOI of $74,602 and a 9.00% cap rate. The property, built in 1989 and situated on a 1.55-acre lot, boasts 14 parking spaces and excellent visibility on Valley Road, a busy thoroughfare with 1,907 vehicles daily. The building is part of a thriving commercial area, near businesses such as Dollar General, Weis, Rite Aid, and Starbucks. The current lease, with a remaining term of 3.8 years, features a reputable corporate tenant, VetCor, with three 5-year renewal options and annual rent bumps of 2%. The NNN lease structure minimizes landlord responsibilities, making this an ideal low-management investment. The 5-mile trade area encompasses a population of 17,463 residents and 6,485 daytime employees, with an average household income of $110,590. The asking price is $830,000, translating to $143.10 per square foot. This property offers a compelling combination of strong tenant occupancy (100%), a stable lease structure, and a prime location within a robust commercial corridor, making it an attractive investment for passive income seekers. The property features a single story building and the APN is 220,167.04-004.001.
Highlights
VetCor lease has four years remaining.
Three, five-year lease renewal options are available.
Lease includes 2% annual rent increases.
VetCor, established in 1997, operates over 845 veterinary practices in the US and Canada.
High visibility location with significant street frontage and pylon signage on Valley Road.
Excellent location on Valley Road, with 1,907 average daily vehicle counts.
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Contacts
Brian Wine
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2875 Valley Rd, Marysville, Pennsylvania, 17053
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2875 Valley Rd
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