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3113 Beachwood Dr, Merced, CA, 95348

Santa Fe Pet Hospital
$1,768,546

Key Information

Cap Rate
7%
$ per SF
$221
Year Built
1999
Term Remaining
±4.17 YRS
Type
Healthcare
Occupancy
100%
NOI
$123,798
Leasable Area
8,000

Highlights

  • Stable Investment – The property is backed by a long-term NNN lease with over 4 years remaining and dependable 3% annual rent increases, providing consistent income growth and long-term security for investors.
  • Scheduled Rental Increases | Hedge Against Inflation – The lease features 3% annual rental escalators, providing a future owner with a boost in cash flow and a hedge against inflation throughout the life of their investment.
  • Healthcare Real Estate | Recession Resistant Property – Veterinary Hospitals are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties.
  • Prime Location – The ±8,000 SF practice is extremely well located along Beachwood Dr, offering excellent visibility and easy access to major transportation routes, including CA-99 and SR-59. This asset benefits from favorable demographics, with a population of over 137,000 within a 5-mile radius of the site.
  • Comprehensive Services | Multi-Doctor Location – PetVet Care Centers provides comprehensive, high-quality veterinary care through a network of locally led hospitals supported by experienced clinicians and staff. With a broad range of medical, surgical, and preventive services, PetVet delivers consistent, dependable care for pets and their families. Its integrated, multi-hospital model promotes long-term stability while enabling continued growth across general practice, specialty, and emergency services.

Photos

Location

Agents

Broker of Record

David Harrington

License # 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245