3415 Governors Dr SW | Huntsville, AL 35805
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3415 Governors Dr SW
Huntsville, AL 35805
Alliance Animal Health | 9.7 YRS NNN Lease · Health Care Property For Sale
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1 Bed
INVESTMENT HIGHLIGHTS
- LONG- TERM STABLE INVESTMENT | There are ±9.7 years remaining on the NNN lease with 3% annual increases and two, 5-year options to extend the lease.
- SCHEDULED RENTAL INCREASES I HEDGE AGAINST INFLATION The lease features 3% annual rental escalators, providing a future owner.
- ROBUST GROWTH INDUSTRY | The global veterinary services market size is expected to reach $142 billion by 2025, with a CAGR of 5.6% during that period.
- VERY PASSIVE LEASE STRUCTURE | There are minimal landlord responsibilities throughout the lease term, offering a passive investment for both local.
- TENANT INVESTMENT IN LOCATION | Veterinary hospitals rarely relocate due to the difficulty of retaining the same patients in a new location.
PROPERTY FACTS
| Property Type | Health Care | No. Beds | 1 |
| Costar Property Class | C | No. Floors | 1 |
| Total Plot Size | 0.73 ac | Year Built | 1966 |
| Property Size | 10,033 sq ft | ||
| Use Class | LI - Light Industrial | ||
| Property Type | Health Care |
| Costar Property Class | C |
| Total Plot Size | 0.73 ac |
| Property Size | 10,033 sq ft |
| No. Beds | 1 |
| No. Floors | 1 |
| Year Built | 1966 |
| Use Class | LI - Light Industrial |
PROPERTY TAXES
| Parcel Number | 17-02-03-4-001-025.000 | Improvements Assessment | £107,973 |
| Land Assessment | £28,385 | Total Assessment | £136,358 |
PROPERTY TAXES
Parcel Number
17-02-03-4-001-025.000
Land Assessment
£28,385
Improvements Assessment
£107,973
Total Assessment
£136,358
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