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Listed by Dimitre Petrov • CRI
$9,400,000
Est. payment /mo
12,900 SqFt
Active
156 N Maag Avenue Oakdale, CA 95361
UPDATED:
07/13/2024 07:57 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 12,900 sqft
Price per Sqft $728
MLS Listing ID CROC24080079
HOA Y/N No
Originating Board Datashare California Regional
Year Built 2023
Lot Size 1.340 Acres
Property Description
CRI Real Estate is pleased to offer the opportunity to acquire the fee simple interest in a NN leased, freestanding, Veterinary Hospital & Surgery Center investment property located in Oakdale, CA. The Tenant, VCA, Inc., has 10 years remaining in their initial term with 2 (5-year options). The lease is a double net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. The lease is corporate guaranteed by VCA, Inc. one of the largest private owner of freestanding veterinary hospitals with over 1,000 locations worldwide. Proven Track Record: Oakdale Veterinary Group, Inc. was acquired by VCA, Inc. in 2024 due to its impressive 50+ year history of exceeding expectations and sustained growth. Proven Track Record: Oakdale Veterinary Group, Inc. was acquired by VCA, Inc. in 2024 due to its impressive 50+ year history of exceeding expectations and sustained growth. Hands-Off Investment: Secure NN lease offering a passive long-term opportunity for local and national investors. Advanced Medical Care: Comprehensive services including surgery, X-ray, ultrasound, and on-site MRI scanning at this location. Thriving Industry: Global veterinary services market projected to reach a staggering $142 billion by 2025, with consisten
Location
State CA
County Stanislaus
Interior
Fireplace No
Building
Water Public
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