Medical For Sale • 36,316 SF
| STABLE LONG-TERM INVESTMENT | OPTIONS TO EXTEND – The NNN lease has just under 15 years remaining, with 2.75% annual rental increases after year 3. |
| SCHEDULED RENTAL INCREASES | HEDGE AGAINST INFLATION – The lease features 2.75% annual rental increase after year 3 |
| HEALTHCARE REAL ESTATE | RECESSION RESISTANT PROPERTY – Veterinary Hospitals are extremely sought-after investments. |
| TENANT INVESTMENT IN LOCATION – Pet Hospitals rarely relocate due to difficulty retaining the same patients in a new location. |
| CONVENIENT LOCATION – The subject property is well-positioned off Swansea Mall Drive, seeing more than 14,405 vehicles per day. |
| NEARBY RETAIL – The property is surrounded by a mix of medical offices, schools, neighborhoods, and prominent retailers including Walmart Supercenter. |
| Cap Rate: | 7.00 % |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Rhode Island Tf Green International | 33 min | - | 20.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 160 |
| Type: | Surface |
| Included in Rent: | Yes |