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Stitches Vet Surgery | New 10.5yr Abs NNN 2211 N Bellflower Blvd

8,808 SF Retail Building Long Beach, CA 90815 £4,844,918 (£550/SF) 6% Net Initial Yield

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INVESTMENT HIGHLIGHTS

Brand New 10.5 Year Lease | Options To Extend | Annual Increases |Southern California Asset | High Barriers To Entry
Dense Retail Corridor | Near I-405 (300,000 VPD) | National Tenants Across From Los Altos Shopping Center (6.1M+ Visits)
Strong Demographics In 5-Mile Trade Area | Los Angeles MSA

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Proximity To Downtown Long Beach | Long Beach Airport |California State Long Beach (39,000 Students)

EXECUTIVE SUMMARY

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding, Stitches Veterinary Surgery Corp investment property located in Long Beach, California. The tenant recently signed a brand new 10.5 year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 3% annual rental increases throughout the initial term and each option period, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Freestanding

Building Size

8,808 SF

Building Class

Year Built/Renovated

1968/2024

Price

£4,844,918

Price Per SF

£550

Net Initial Yield

NOI

£290,705

Tenancy

Single

Number of Floors

Building FAR

0.42

Lot Size

0.49 AC

Zoning

CCA - Commercial

Parking

39 Spaces (4.43 Spaces per 1,000 SF Leased)

Frontage

90 ft on North Bellflower Boulevar

AMENITIES

Freeway Visibility

Signage

Service type
99,999 SF
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At Stitches Veterinary Surgery Center, they are proud to be a private, locally-owned practice. This means their decisions are driven by what’s best for your pet’s health and well-being. Their focus is to support the families of the community and their species-diverse family members, not by corporate profits. Their veterinarians and staff are all passionate animal lovers who live and work in your community, so they understand the unique needs of your furry family member. They are committed to providing personalized care and building lasting relationships with you and your pet. They follow our Vision, Mission, and Values and work together to ensure the best care available for your pets. Veterinary medicine is going through a corporate transition, they want to recommit their focus on independence and the support of the community