Pet Care Center of Lincoln

Special Purpose for Sale
Catylist Listing ID: 30802813
Building Size (RSF): 23,035 SF
Gross Building Area: See Agent
Sale Price: $1,600,000
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/16/2022

Overview / Comments

The Pet Care Center of Lincoln used to be the home to Village Manor, a 23,000 sf single story nursing home. In 2012 it was sold to the current owner, who has transformed the building in to a full service Veterinary health care clinic and surgery center. The business also has a pet day care, lodging and grooming services. The building has 80 + parking stalls and currently donates some basement space to the LPD. The business of a Vet Center has been closed. Although all of the Vet Center equipment worth over $550,000 is still on location and included in the price.

Kubert Appraisal Group has provided an appraisal of 2.1 million for the building alone. Major purchases: New ultrasound, $35,000,Digial X Ray Sound $48,000, Companion Laser $37,500, Field Turf $41,600, Thermal Imaging Digicare $25,000, Laser Lite 9x2 $33,000, X ray $8,000, new computers and printers $5,500, battery operated 32 in floor cleaner $7,400. these items and plenty more are included in the asking price of $1,600,000.

Seller would consider a lease for property an equipment for $8700, NNN, for 10 years. 2X 5YR options with Deposit.

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Tax ID/APN: 1112310001000
Property Located Between: 14th between Cornhusker highway and Superior
Property Condition: Good
Construction/Siding: Brick
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,278 100,484 198,624
Median Age: 29.6 29.12 33.26
Households: 4,707 39,707 80,473
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