Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

924 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

AmeriVet - Hardin Animal Hospital 394 E Lafayette St

7,500 SF 100% Leased Retail Building Stockton, CA 95203 £874,821 (£117/SF) 11.59% Net Initial Yield

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

AmeriVet Acquired the Practice and Signed a New 10 Year Lease With 3% Annual Increases and Two (5) Year Option Periods
8+ Year Billboard Lease With Rental Increases
Recent Renovations to the Building Including; Roof, HVAC, Flooring, Paint, Plumbing and Electrical

Stable Long-Term Investment (8+ Years Remaining) With Minimal Landlord Responsibilities
Strong Demographics with 142,955 Residents Located Within a 3-Mile Radius
AmeriVet Has 196 Locations Currently With Plans to Grow to 270 in 2023

EXECUTIVE SUMMARY

Invest in the Hardin Animal Hospital, a fully leased, long-term veterinary clinic located at 336 & 338 E Lafayette St, Stockton, CA. This 7,500 SF facility underwent extensive renovations in 2020, ensuring modern amenities and functionality. The property is leased to AmeriVet, a rapidly growing veterinary group with a 10-year NNN lease, corporate guarantees, and minimal landlord responsibilities. With a stable NOI of $127,459 and a cap rate of 11.5%, this investment offers long-term security in a thriving market. Located near major freeways and boasting strong local demographics, this property is positioned for solid future returns.

Hardin Animal Hospital - Stockton, CA_v2