Single-Tenant Office Medical
Veterinary Innovative Partners (Portfolio)
4 Plumtree Rd, Springfield, MA 01118
Listing Price: $240,000
Cap Rate
7.00%
Tenant Name
Veterinary Innovative Partners
Years Remaining On Lease
7.4
Guarantor
Corporate Guarantee
Rentable SF
2,750
Lease Type
Absolute Net
Rent Per Square Feet
$6.11
Investment Overview
See Highlights
Veterinary Innovative Partners (Portfolio)
Investment Highlights
- Recession-Resistant Property -Veterinary hospitals are highly sought after for their resilience during economic downturns and e-commerce trends that affect traditional retail.
- Strong Unit-Level Operations - The tenant has shown extremely healthy unit-level operations over the last few years with continued growth of their customer base.
- Dense Population - With 230,000+ residents and 91,000+ households within 5 miles, there is an ample customer base for the tenant.
- Below Market Rent - This subject property has a bite-sized price point with below-market rents offering the perfect addition to a portfolio or as a first investment.
- Absolute Net Lease - This investment offers a completely passive, long-term opportunity for both local and national investors boasting no landlord responsibilities.
Exclusively Listed By
Broker of Record
Financing By
Single-Tenant Office Medical
Veterinary Innovative Partners (Portfolio)
Listing Price: $240,000
Cap Rate
7.00%
Tenant Name
Veterinary Innovative Partners
Years Remaining On Lease
7.4
Guarantor
Corporate Guarantee
Rentable SF
2,750
Lease Type
Absolute Net
Rent Per Square Feet
$6.11
Investment Highlights
- Recession-Resistant Property -Veterinary hospitals are highly sought after for their resilience during economic downturns and e-commerce trends that affect traditional retail.
- Strong Unit-Level Operations - The tenant has shown extremely healthy unit-level operations over the last few years with continued growth of their customer base.
- Dense Population - With 230,000+ residents and 91,000+ households within 5 miles, there is an ample customer base for the tenant.
- Below Market Rent - This subject property has a bite-sized price point with below-market rents offering the perfect addition to a portfolio or as a first investment.
- Absolute Net Lease - This investment offers a completely passive, long-term opportunity for both local and national investors boasting no landlord responsibilities.
Investment Overview
See Highlights
Exclusively Listed By
Broker of Record
-
Thomas Shihadeh
Vice President/Regional Manager
Financing By
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