For Sale
$1,493,333
1516 Sidney Baker St Kerrville, TX 78028
- Added:
- Dec 11, 2024
- Days on market:
- 131
Highlights
- Recession-resistant veterinary services market with consistent growth due to increased pet ownership and healthcare spending. Properties leased to veterinary clinics, especially major operators like SVP, offer strong appreciation potential.
- Located in an income tax-free state.
- Leased to Southern Veterinary Partners (SVP), a leading operator of over 400 animal hospitals nationwide.
- 15-year lease (2017) with annual rent escalation (CPI or 2%, averaging 4.16% historically, 3.62% most recently).
- Lease features two 5-year renewal options, providing nearly 8 years of remaining lease term.
Property Details for 1516 Sidney Baker St
- Property type
- Office properties, Medical offices
- Square Feet
- 3,692 SF
- Year Built
- 1982
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 21,780 SF
Location Insight
- City
- Kerrville
- County
- Kerr
- State
- Texas
- Latitude
- 30.059875351736
- Longitude
- -99.126154618724
Nearby Similar for Sale
FAQs
- Where is the office property located?
- The property is located at 1516 Sidney Baker St Kerrville, TX.
- What is the asking price?
- The asking price for this property is $1,493,333.
- What are key features of this property?
- This property features: Recession-resistant veterinary services market with consistent growth due to increased pet ownership and healthcare spending. Properties leased to veterinary clinics, especially major operators like SVP, offer strong appreciation potential.; Located in an income tax-free state.; Leased to Southern Veterinary Partners (SVP), a leading operator of over 400 animal hospitals nationwide.
- How can I contact the broker?
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