Animal Care Center of Pahrump (Amerviet)

6981 N Highway 160, Pahrump, NV 89060
$870,000

Cap Rate
7%
Gross SQFT
4,032
Year Built
1997
Term Remaining
±9.68 Years
NOI
$60,900
Property Type
Healthcare

INVESTMENT HIGHLIGHTS

  • Tenant Investment in Location: Veterinary hospitals rarely relocate due to high build-out costs and difficulty in retaining the same patients after moving.
  • Very Passive Lease Structure: This investment offers investors a potential investor a very passive “hands-off” investment for both local and national investors.
  • Ideal 1031 Exchange Property: With a long-term lease, 15% rental increases every 5 years, and minimal landlord responsibilities, this is an ideal property for a local or out of state investor.
  • 5% Admin Fee: The lease is structured to include an additional 5% administration fee that increases the return. The admin fee is NOT calculated in the NOI
  • Expanding Operations: AmeriVet Veterinary Partners is a premier veterinary operator that expands by acquiring existing veterinary practices that are already successful and established within the community.
  • $99 Billion Industry: The global veterinary services market size is expected to reach $142 Billion by 2025, with a CAGR of 5.6% during that period.

Broker of Record

  • David Harrington
  • License No. B.1003120.CORP (NV)
  • (866) 889-0550
  • Matthews Real Estate Investment Services
  • 1600 West End,
    Ste. 1500 Nashville, TN 37203
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