This 7,500 SF property is a fully renovated, modern veterinary clinic leased to AmeriVet, one of the fastest-growing veterinary chains in the U.S. The clinic is secured by a 10-year NNN lease, ensuring stable rental income with minimal landlord responsibilities. AmeriVet has signed a corporate guarantee, further enhancing the investment security. With a cap rate of 11.5% and annual rental escalations of 3%, this property is positioned to provide strong returns.
The building’s prime location near Crosstown Freeway in Stockton sees heavy daily traffic and offers access to a large local population. Recent renovations to the property include a new roof, HVAC system, and electrical updates, ensuring minimal capital expenses in the near future. Contact us today for more information on this outstanding investment opportunity.