Your First Name*

Please enter your first name

Your Last Name*

Please enter your last name

Your Email*

Please enter a valid email address

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

924 characters remaining

We will automatically send your friend a one-time email inviting them to visit this listing. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of the referral program. (Terms of Use)

thank you

Your email has been sent!

AmeriVet - Hardin Animal Hospital 394 E Lafayette St

7,500 SF 100% Leased Retail Building Stockton, CA 95203 $1,100,000 USD ($147 USD/SF) 11.59% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

AmeriVet Acquired the Practice and Signed a New 10 Year Lease With 3% Annual Increases and Two (5) Year Option Periods
8+ Year Billboard Lease With Rental Increases
Recent Renovations to the Building Including; Roof, HVAC, Flooring, Paint, Plumbing and Electrical

Stable Long-Term Investment (8+ Years Remaining) With Minimal Landlord Responsibilities
Strong Demographics with 142,955 Residents Located Within a 3-Mile Radius
AmeriVet Has 196 Locations Currently With Plans to Grow to 270 in 2023

Executive Summary

Invest in the Hardin Animal Hospital, a fully leased, long-term veterinary clinic located at 336 & 338 E Lafayette St, Stockton, CA. This 7,500 SF facility underwent extensive renovations in 2020, ensuring modern amenities and functionality. The property is leased to AmeriVet, a rapidly growing veterinary group with a 10-year NNN lease, corporate guarantees, and minimal landlord responsibilities. With a stable NOI of $127,459 and a cap rate of 11.5%, this investment offers long-term security in a thriving market. Located near major freeways and boasting strong local demographics, this property is positioned for solid future returns.

Hardin Animal Hospital - Stockton, CA_v2