Price $1,542,857 | Built/Renov 1961/2022 | Tenant Emergency Veterinary Care Centers |
Cap Rate 7.00% | Lease Type
NN+ | Guarantor Corporate |
Size/SF
6,000
| Lease Start
12-20-2022
| #Units
4
|
Price/SF $257.14 | Expiration
12-31-2032
| Tenant Type Medical/Health |
NOI $108,000 | R. Term 9.0 | Ownership Fee Simple |
Rent/SF
$18.00
| Increases 2.5%/4/yrs | Pop 5Mi 212,054 |
Lot/AC 0.69 | Options 3/5yrs/2.5% | AHHI 5Mi $84,100 |
| |
This newly renovated 6,000 square-foot Emergency Veterinary Care Center benefits from its position along Indianapolis Boulevard which experiences over 35,000 vehicles per day. Continual traffic flows through the corridor due to the proximity to Interstate 80, which sees more than 172,500 vehicles daily. Furthermore, there are several nationally recognized retailers in the area including...
...Recent renovation
New roof
Near major nationals
Freeway close
Dense 200M+ pop 5 mi
Top 100 MSA
Affluent suburb location
Favorable NN+ lease
Annual rent increases
Corporate Guarantee
1 Miles | 3 Miles | 5 Miles | |
2028 Total Population : | 9,058 | 93,614 | 208,888 |
2023 Total Population : | 9,269 | 95,827 | 212,054 |
2023 Employed Civilian Pop : | 4,984 | 48,270 | 100,984 |
2023 Total Businesses : | 517 | 3,418 | 6,817 |
2023 Average Household Income : | $ 98,725 | $ 92,569 | $ 84,100 |
2023 Total Consumer Spending : | $ 327 M | $ 3123 M | $ 6175 M |
2023 Median Age : | 43 | 41 | 40 |
2023 Total Households : | 3,851 | 38,910 | 84,534 |
2023 Pop Age 25+: Bachelor's Degree : | 1,323 | 13,504 | 24,926 |
2023 Average Home Value : | $ 240,967 | $ 233,784 | $ 218,515 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
Ridge Road | Hwy Ave | 2021 | 18,120 | 0.24 mi |
Ridge Road | Osborn St | 2018 | 16,778 | 0.26 mi |
Indianapolis Boulevard | Bordeau Walk | 2021 | 33,731 | 0.27 mi |
Sycamore Avenue | Grand Blvd | 2018 | 4,025 | 0.28 mi |
Ridge Rd | Prairie Ave | 2009 | 21,606 | 0.29 mi |
Wicker Park Drive | Robertson Pl | 2018 | 4,025 | 0.36 mi |
Grand Boulevard | Gordon Dr | 2018 | 4,025 | 0.37 mi |
Kennedy Ave | Franklin St | 2009 | 22,499 | 0.43 mi |
Indianapolis Boulevard | 81st St | 2018 | 35,018 | 0.47 mi |
Prairie Avenue | Southmoor Ave | 2018 | 2,875 | 0.47 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]