6777 E Hampden Avenue

Features

• Built / Renovated: 1979 / 2011
• Signage: Pylon sign on E Hampden
• Zoning: S-MX-2
• Ground Lease: Property on Ground Lease through Oct 2057. No rent due until Nov 2027 then $12,500/year
• Layout: 8 exam rooms, 4 offices, surgery suite, dentistry suite, radiology, treatment area, lab, kennel room, reception & waiting room, staff lounge, men’s, women’s, and ADA restrooms

INVESTMENT HIGHLIGHTS:

• Fully leased by Midwest Veterinary Partners through September 30, 2031
• Current Rent of $26.87/SF NNN
• 2% annual rent escalations
• Tenant right to renew for 5 years at 2% rent escalations 
• Current NOI = $134,640
• Sale Price = $1,923,500
• Going-in Cap Rate of 7.0%