5000-5010 N Jones Blvd - Veterinarian/Kennel FOR SALE


Las Vegas, NV 89130
$2,865,000 USD
513-300-0763
5000-5010 N Jones Blvd, Las Vegas, NV for Sale
$2,865,000 USD
Veterinarian/Kennel - FOR SALE
1/5
null | 6.5% Cap Rate

5000-5010 N Jones Blvd
Las Vegas, NV 89130


HIGHLIGHTS

  • DENSELY POPULATED TRADE AREA
  • MARKET LEADING TENANT
  • MISSION CRITICAL LOCATION
  • NO COMPETITION WITH 350 MILES
  • LONG TERM OPERATING HISTORY
  • STRONG ANNUAL RENTAL INCREASES

OVERVIEW

Bang Realty, as exclusive investment sales advisor to seller, is pleased to offer the opportunity to acquire the fee simple interest of Desert Pines Equine Medical & Surgical Center (DPE) located in Las Vegas, NV. This highly specialized 5,774-square-foot facility, built in 1998 on a 2.18-acre site, stands as the only large animal surgery center within a 350-mile radius. Fully leased to Avanti Equine Veterinary Partners, part of the Altano Group, this asset benefits from the stability of a global leader in equine healthcare, with Altano operating over 77 clinics across 10 countries. Altano Group is headquarted in Dulmen, Germany and has more than 1,933 employees, including 450 veterinarians that provide first-class medical care to more than 100,000 patients across the globe. Altano Group acquired Avanti Equine Veterinary Partners in March of 2023 as their entry to the US market. Desert Pines Equine Meidcal & Surgical Center was one of seven clinics included in the acquisition which makes this property a mission critical asset for the tenant. Additionally, in 2021, Avanti Equine Veterinary Partners purchased the adjacaent parcel with plans to potentially expand the operation which further demonstrates their long term commitment to the location. The facility includes a barn, breeding phantom, consult room, daytime pens, ICU, multiple treatment rooms, and an imaging area, and is staffed by 5 DVMs and 5 support personnel. DPE provides comprehensive services, including preventive care, emergency and critical care, sports and internal medicine, surgery, reproduction, diagnostics, and rural services, as well as chiropractic, microchipping, nutritional or biosecurity evaluations, and herd health consultations. Strategically positioned along N Jones Blvd, the property enjoys exposure to approximately 19,263 vehicles per day. It is just 12 miles from the Las Vegas Strip and near multiple anchored shopping centers with tenants such as Lowe’s, Walmart, Smith’s, Albertson’s, and Costco. The site’s demographics boast a 5-mile population of 425,399 people which is expected to reach 456,831 people by 2029; with an average household income of $98,318 within a 1-mile radius. The location offers convenient access to the Las Vegas Valley area via I-11, I-15, and the Las Vegas Beltway. Desert Pines Equine Medical & Surgical Center is also the exclusive provider of veterinary services for South Point Arena and all its equine events. Whether it’s team roping, reining, cutting, horse shows, barrel racing, cowboy shooting, or any other equestrian activity, they are the on-site clinic responsible for the care and treatment of horses. During rodeos, they also provide care for all the livestock. This investment offers a stable, income-generating asset backed by a highly reputable international tenant, with strong NOI growth potential in the sought- after Las Vegas Valley.

FOR SALE DETAILS

PRICE

$2,865,000 USD

PRICE/SF

$496 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Desert Pines Equine Medical & Surgical Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

2.18 AC

LAND SF

94,961 SF

ZONING

R-E

APN/PARCEL ID

125-36-302-005

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.