1250 Flagler AveHomestead, FL 33030

This exceptional investment opportunity presents a fee-simple ownership of a 7,008 square foot AmeriVet Animal Hospital in Homestead, Florida. Located at 1250 N Flagler Ave, 33030, this property boasts a strong 10.4-year remaining lease term (expiring 09/30/2034) with a corporate guarantee from AmeriVet Veterinary Partners, a leading national veterinary practice with over 214 locations. The lease, initiated on 09/09/2019, is a triple-net (NNN) lease with built-in rent bumps of 15% in years 6 and 11, and two 5-year renewal options. The property generates a substantial net operating income (NOI) of $126,500, yielding a 7.00% cap rate on the asking price of $1,807,142. Built in 1958 on a 0.6-acre lot, the hospital is strategically positioned near major highways, businesses, and residential areas, including prominent retailers like Publix and Pet Supermarket. Its proximity to Baptist Health Homestead Hospital further enhances its appeal. The hospital provides comprehensive veterinary services, catering to a large demographic within a 5-mile radius (over 170,000 residents). This recession-resistant investment benefits from the robust growth of the veterinary services market and offers a stable, long-term income stream. The property's 100% occupancy ensures consistent cash flow.