4101 Williamsburg Rd - Veterinarian/Kennel FOR SALE
Richmond, VA 23231 |
$8,575,200 USD
949-662-2256
4101 Williamsburg Rd
Richmond, VA 23231
HIGHLIGHTS
- HIGH CALIBER OPERATOR: Pet Paradise is a comprehensive pet health care provider with 63 locations across 11 states.
- LONG-TERM ABSOLUTE NNN LEASE: The operator is on a long-term absolute NNN lease of over 18 years which minimizes roll over risk
- CLASS “A” REAL ESTATE: The property was recently constructed in 2022 and offers investors an investment with significant curb appeal.
- HEDGE AGAINST INFLATION: The lease includes 2% annual rental increases, ensuring consistent revenue growth and protection against inflation.
- FAVORABLE DEMOGRAPHICS: The Richmond metro area has a population of over 1.3 million.
- POPULATION GROWTH: Richmond has experienced consistent population growth, aligning with the overall expansion of the metro area.
FOR SALE DETAILS
PRICE
$8,575,200 USD
PRICE/SF
$560 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
PET PARADISE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Veterinarian/Kennel
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
28
LAND DETAILS
LAND ACRES
2.71 AC
LAND SF
118,048 SF
ZONING
-
APN/PARCEL ID
814-713-4089
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
949-662-2256
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
949-662-2256
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
