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Animal Care Center of Pahrump (Amerviet)

$870,000

6981 N Highway 160, Pahrump, NV 89060

Active
Last Updated: 03/13/2025

7

Cap Rate

60,900

NOI

Details:
Cap Rate:    7%
NOI:    $60,900
Building Size:    4,032 sqft
Lot Area:    0.61 acres
Lease Type:    Triple Net
Year Built:    1997
Price Per Sqft:    $215.77
Highlights:
  • Tenant Investment in Location: Veterinary hospitals rarely relocate due to high build-out costs and difficulty in retaining the same patients after moving.
  • Very Passive Lease Structure: This investment offers investors a potential investor a very passive “hands-off” investment for both local and national investors.
  • Ideal 1031 Exchange Property: With a long-term lease, 15% rental increases every 5 years, and minimal landlord responsibilities, this is an ideal property for a local or out of state investor.
  • 5% Admin Fee: The lease is structured to include an additional 5% administration fee that increases the return. The admin fee is NOT calculated in the NOI
  • Expanding Operations: AmeriVet Veterinary Partners is a premier veterinary operator that expands by acquiring existing veterinary practices that are already successful and established within the community.
  • $99 Billion Industry: The global veterinary services market size is expected to reach $142 Billion by 2025, with a CAGR of 5.6% during that period.
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Documents:
Title
Offering Memorandum
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