Valley Oak Veterinary Hosptial

2480 Martin Luther King Junior Pkwy.
Chico
CA
95928
Selling Price: 
$6,826,000
Selling Price Per Sq. Ft.: 
$515.09per Sq. Ft.
Listing Price: 
$7,123,000
Listing Date: 
September 21, 2015
Days on Market: 
29Days
Location: 
APN: 
005-500-032
Asset Class: 
Year Built: 
2011
Building Sq. Ft.: 
13,252Sq. Ft.
Close of Escrow Date: 
January 6, 2016
Gross Income: 
$421,824
Net Income: 
$409,585
Acres: 
1.34Acres
Listing Agent: 
Bill Brouhard - Guillon Brouhard Commercial Real Estate
Selling Agent: 
Ken Winslow, Steve Laird - Keller Williams

MLS Comments:

Valley Oak Veterinary Center
13,252 SF State of the Art Full Service Regional Veterinary Hospital offering primary veterinary care, specialty care (internal medicine and surgery) and emergency-critical care services. Award winning facility contains 10 exam rooms, 2 advanced operating rooms, large treatment and special procedures rooms, radiology room for digital X-Ray and MRI?s, dental suite, rehab center, doctors portals and medical library, conference & employee break room and more. High-capacity linked data/comm infrastructure w/backup generator. Main entry and client waiting area architecturally stunning with the highest quality, design and workmanship. Tenant VCA Animal Hospitals Inc., a division of VCA Inc. (NASDAQ "WOOF"), leading provider of pet health care services in the USA owns and operates 650 hospitals in 41 states and Canada, serving 14,000 hospitals nationwide employing largest group of vet specialists of any vet care company w/3,000 veterinarians, and over 14,000 skilled care providers, support staff and managers. Hospital opened in 2012 w/original Tenant under 15 year NNN Lease (Dec 2011). VCA Animal Hospitals Inc. (current Tenant) acquired Valley Oak practice in Q3 2015, including assignment of lease which expires Nov 2026.