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    3591 Keystone Rd Tarpon Springs, FL 34688

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    For Sale
    $2,116,150

    NNN leased veterinary hospital with rental increases and extension options.

    Property size:
    6,700 SF
    Lot size:
    2.01 Acres

    Property Features for 3591 Keystone Rd

    General Information

    Size
    6,700 SF
    Lot size
    2.01 Acres

    Source: Matthews Real Estate Investment Services Agent Andrew Evans

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Keystone Road Veterinary Hospital Investment

    This property is a veterinary hospital with over 5 years remaining on the NNN lease, which includes 2% annual increases and three 5-year options to extend. The lease features annual rental escalators. The tenant, Thrive Pet Healthcare, supports over 400 veterinary practices across the U.S.. Pet hospitals rarely relocate. The property is located in an area with a mix of residential communities, schools, parks, offices, and major retailers such as Walmart Supercenter, Lowe’s, and Publix Supermarket. The area also features Starbucks, Wentworth Golf Club, The Shoppes at Tarpon, and East Lake High School within a ±5-mile radius. There are minimal landlord responsibilities throughout the lease term. The global veterinary services market size is expected to reach $142 billion by 2025.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Pet Stem Cell ... Veterinary Care Saint Francis Pet ... Veterinarian

    Suggested Use

    Realty agency Building Supply Auto Repair Shop Clothing Store Department Store Kitchen & Bath Accounting Firm HVAC Service Electrical Service Women's Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Petco Vaccination Clinic

    Location Insight

    • Map
    • Local Demand
    City
    Tarpon Springs
    County
    Pasco
    State
    Florida
    Longitude
    -82.6752349
    Latitude
    28.1455057

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    FAQs

    What type of property is this?
    Medical office - NNN leased veterinary hospital with rental increases and extension options.
    Where is this medical office located?
    The property is located at 3591 Keystone Rd Tarpon Springs, FL.
    What is the asking price?
    The asking price for this property is $2,116,150.
    What are key features of this property?
    This property features: - Stable, long-term investment with over 5 years remaining on an NNN lease, plus three 5-year options.; - Annual rental increases provide a hedge against inflation and boost cash flow.; - Recession-resistant healthcare real estate; veterinary hospitals are highly sought-after investments.
    (949) 662-2256
    Request Owner's contact information
    3591 Keystone Rd Tarpon Springs, FL 34688
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    Tarpon Springs, FL 34688
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3591 Keystone Rd Tarpon Springs, FL 34688
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