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VCA Valley Vet Animal Hospital 853 Falcon Park Rd

7,200 SF Office Building New Kensington, PA 15068 £2,218,679 (£308/SF) 9.05% Net Initial Yield

Investment Highlights

  • HIGHWAY PROXIMITY: The property is conveniently located near PA-56 and PA-366, providing easy access to major highways and facilitating.
  • NEARBY RETAIL: Located near prominent retailers, including Walmart Supercenter, Giant Eagle, and Home Depot.
  • RECESSION RESISTANT PROPERTY: Veterinary Hospitals are extremely sought-after investments for their resistance to downturns.
  • SURROUNDING MEDICAL OFFICES: The vicinity features a variety of healthcare providers, including medical and veterinary offices.
  • TENANT INVESTMENT IN LOCATION: Pet Hospitals rarely relocate due to difficulty retaining the same patients in a new location.
  • VERY PASSIVE LEASE STRUCTURE: There are minimal landlord responsibilities throughout the lease term.

Executive Summary

Broker of Record
Kyle Matthews
License No. RB068831 (PA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
7,200 SF
Building Class
B
Year Built
2007
Price
£2,218,679
Price Per SF
£308
Net Initial Yield
9.05%
NOI
£200,853
Tenancy
Single
Number of Floors
1
Typical Floor Size
7,200 SF
Building FAR
0.02
Land Acres
10.20 AC
Parking
75 Spaces (10.42 Spaces per 1,000 SF Leased)

Links

1 of 1

PROPERTY TAXES

Parcel Number 17-05-00-0-001 Improvements Assessment £114,308
Land Assessment £8,959 Total Assessment £123,267

PROPERTY TAXES

Parcel Number
17-05-00-0-001
Land Assessment
£8,959
Improvements Assessment
£114,308
Total Assessment
£123,267
(949) 662-2256

  • Listing ID: 34110184

  • Date on Market: 06/12/2024

  • Last Updated:

  • Address: 853 Falcon Park Rd, New Kensington, PA 15068

The Office Property at 853 Falcon Park Rd, New Kensington, PA 15068 is currently available For Sale. Contact Matthews Real Estate Investment Services for more information.

Office PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

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853 Falcon Park Rd, New Kensington, PA for sale Building Photo- Image 1 of 7
Valley Veterinary Associates - hero 1
853 Falcon Park Rd, New Kensington, PA for sale Building Photo- Image 2 of 7
853 Falcon Park Rd Lower Burrell PA-34
853 Falcon Park Rd, New Kensington, PA for sale Building Photo- Image 3 of 7
853 Falcon Park Rd Lower Burrell PA-30
853 Falcon Park Rd, New Kensington, PA for sale Building Photo- Image 4 of 7
853 Falcon Park Rd Lower Burrell PA-25
853 Falcon Park Rd, New Kensington, PA for sale Building Photo- Image 5 of 7
Valley Veterinary Associates - hero 2
853 Falcon Park Rd, New Kensington, PA for sale Building Photo- Image 6 of 7
Valley Veterinary Associates - map 1

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VCA Valley Vet Animal Hospital | 853 Falcon Park Rd
(949) 662-2256 x

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Andrew Evans

(949) 662-2256

(949) 662-2256

Michael Moreno

(949) 432-4511

(949) 432-4511

Rahul Chhajed

(818) 434-1106

(818) 434-1106

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