Conchester Animal Hospital | Brand New 15 Year Lease
530 Conchester Highway, Boothwyn, PA
For Sale
Office
Building
$2,159,450
Price
6%
Cap Rate
$129,567
NOI
Overview
Cap Rate
6%
NOI
$129,567
Building Size
6,800 sqft
Lease Type
Double Net
Year Built
1960
Price Per Sqft
$317.57
Description
Sands Investment Group is Pleased to Present Exclusively For Sale the 6,800 SF Conchester Animal Hospital in Boothwyn, Pennsylvania. With a Brand New 15 Year Lease With Community Veterinary Partners, Minimal Landlord Responsibilities and Attractive Rent Increases, This Opportunity Provides For a COVID Resilient Investment.
In Cooperation With Sands Investment Group
Philadelphia, LLC - Lic. # RB069072
Highlights
- Brand New 15 Year Lease From Community Veterinary Partners With Two (2) , Five (5) Year Options to Extend
- Conchester Animal Hospital Has Been in Business For Over 60 Years
- This Practice Was Recently Acquired By Community Veterinary Partners Due to the Continued Growth and Success at This Location
- This Location Offers a Range of Veterinary Services, Including Boarding and Grooming
- Community Veterinary Partners Has Established 75 Locations Across 12 States Since it Was Founded in 2009
- This Building Was Equipped With a New Roof in 2017 Which Includes a Transferrable 20 Year Warranty Showing Commitment to This Location
- Under 12-Miles From the Philadelphia International Airport, Which Serves 31.7 Million Passengers Annually, Making it the 20th Busiest Airport in the U.S.
- U.S. Route 322 is an Important Principal Arterial Highway in the Philadelphia Region Which is the Subject Proper ty Road
- This Location Has Remained Open Through COVID and is Proven to be a Pandemic Resistant Investment
- Strong Demographics With Over 180,881 Residents and an Average Household Income of $91,292 Within a 5-Mile Radius of the Proper ty
- Nearby Tenants Include: Walmart , Dollar Tree, ACME Markets, Arby’s, Dunkin’, Wawa, McDonald’s, Bowlero Boothwyn, TD Bank and Many More
Documents
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Offering Memorandum |