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102 Hatchell Ln
Denham Springs, LA 70726 Livingston Parish

$1,470,842 USD

Veterinarian Kennel For Sale  •  15,306 SF

Property Details

• Property Type Veterinarian Kennel
• Total Building Size 15,068 SF
• Lot Size 1.99 AC
• Building Class B
• Year Built 2022
• Cap Rate 7.00 %
• Tenancy Single

30 Walk Score

Highlights

There are over 5 years remaining on the NNN lease with 2% annual increases and four, 5-year options to extend the lease.

The lease features annual rental escalators, providing a future owner with a boost in cash flow and a hedge against inflation.

There are minimal landlord responsibilities throughout the lease term, offering a passive investment for both local and national investors.

The global veterinary services market size is expected to reach $142 Billion by 2025, with a CAGR of 5.6% during that period.

This clinic is situated on Hatchell Ln, offering convenient access to major north-south and east-west thoroughfares, US-190 and LA-16.

Pet hospitals rarely relocate due to the difficulty of retaining the same patients in a new location and the high costs associated with moving.

Cap Rate:

7.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Thrive Pet Healthcare

Public Transportation

Airport	Drive	Walk	Distance
Baton Rouge Metro Ryan Field	28 min	-	16.8 mi