$2,000,000 USD
949-662-2256
177 Otrobando Ave
Norwich, CT 06360
Northeast New London/Norwich
HIGHLIGHTS
- There are ±9.71 years remaining on the NNN lease with 3% annual increases and three, 5-year options to extend the lease.
- The lease features 3% annual rental escalators, providing a future owner with a boost in cash flow and a hedge against inflation
- Veterinary Hospitals are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends
FOR SALE DETAILS
PRICE
$2,000,000 USD
PRICE/SF
$422 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Norwich Veterinary Hospital
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Veterinarian/Kennel
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1956
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.25 AC
LAND SF
54,450 SF
ZONING
BP
APN/PARCEL ID
NORW-000066-000001-000010
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949-662-2256
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949-662-2256
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