102 Hatchell Ln Denham Springs, LA 70726
NNN leased veterinary clinic with scheduled rent increases.
Property size:
15,068 SFLot size:
2.00 AcresProperty Features for 102 Hatchell Ln
General Information
- Size
- 15,068 SF
- Lot size
- 2.00 Acres
Source:
Moodyscre
Listing Agent: Andrew Evans
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Veterinary Clinic Investment Opportunity
This veterinary clinic is strategically located on Hatchell Ln, providing convenient access to US-190 and LA-16. The property benefits from its proximity to residential communities, schools, parks, offices, and major retailers such as Walmart Supercenter, The Home Depot, Sam’s Club, and Starbucks. The surrounding area also includes The Pines at North Park, Chick-fil-A, and Denham Springs Elementary School. The property is currently operating as a Thrive Pet Healthcare facility, a provider with over 380 veterinary practices across the U.S. The clinic is under a NNN lease with over 5 years remaining, featuring 2% annual increases and four, 5-year options to extend. The lease structure offers minimal landlord responsibilities, presenting a passive investment opportunity. The lease's annual rental escalators provide a hedge against inflation. Veterinary hospitals are sought-after investments due to their resistance to economic downturns and e-commerce trends. The global veterinary services market is expected to reach $142 billion by 2025, with a CAGR of 5.6% during that period. The property has a size of 15068 square feet. Pet hospitals rarely relocate due to patient retention and moving costs.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Dodge CIty Veterinary ...
Veterinarian
Location Insight
- Map
- Local Demand
- City
- Denham Springs
- County
- Livingston
- State
- Louisiana
- Longitude
- -90.9429344
- Latitude
- 30.4851821
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FAQs
What type of property is this?
Medical space - NNN leased veterinary clinic with scheduled rent increases.
Where is this medical space located?
The property is located at 102 Hatchell Ln Denham Springs, LA.
What is the asking price?
The asking price for this property is $1,470,842.
What are key features of this property?
This property features: - NNN lease with over 5 years remaining and 2% annual increases.; - Recession-resistant veterinary hospital investment.; - Very passive lease structure with minimal landlord responsibilities.