NNN Veterinary
For Sale
Contact for pricing
232 Center Road, Monroeville, PA 15146
Veterinary practice under a lease with landlord responsibility limited to the roof and structure.
Property Size2,201 SF
Price / SF$374.38
Days on Market118
Property Features for 232 Center Road
General Information
Standard status
Active
Size
2,201 SF
Property subtype
Special Purpose
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$63,654
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1950
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Andrew Evans · License #CA - 0255475
Source:
Crexi
Added: May 6
Changed: Aug 30
Last Checked: Aug 30 at 6:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews
Investment Insights
Based on property information with market context.
This 2,201 SF veterinary practice at 232 Center Road is an income-producing healthcare property built in 1950. The asset is leased to CVP Operations PA, LLC under a newly executed NNN lease supported by a corporate guarantee from CVP Holdco, Inc. The agreement began December 18, 2023, runs through December 31, 2033, and includes approximately 7.7 years of remaining term, 3% annual rental increases, and three five-year extension options. Landlord obligations are limited to the roof and structure.
The property has direct frontage along Center Road and access from the primary thoroughfare, with traffic reported at approximately 11,200 vehicles per day. Interstate 376 is readily accessible, and Pittsburgh is approximately 15 miles away. The surrounding area includes residential neighborhoods, schools, parks, hospitals, and national retailers, while Monroeville Mall is approximately 2 miles from the property.
The property has direct frontage along Center Road and access from the primary thoroughfare, with traffic reported at approximately 11,200 vehicles per day. Interstate 376 is readily accessible, and Pittsburgh is approximately 15 miles away. The surrounding area includes residential neighborhoods, schools, parks, hospitals, and national retailers, while Monroeville Mall is approximately 2 miles from the property.
Key Highlights
- 2,201 SF veterinary practice at 232 Center Road
- NNN lease with CVP Operations PA, LLC and corporate guarantee from CVP Holdco, Inc.
- Lease term runs from December 18, 2023 through December 31, 2033
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,440
Businesses Nearby
Explore this area
Business Placement
Demographics for 15146, PA
28,672
Population
13,508
Households
2.1
Avg Household Size
46
Median Age
46%
College-Educated
97%
High-School Grad
19.6 sq mi
ZIP Area
1,463
Density / Sq Mi
$78,295
Median Household Income
$48,073
Median Earnings
$1,163
Median Rent
$197,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Veterinary practice under a lease with landlord responsibility limited to the roof and structure.
Where is this nnn property located?
The property is located at 232 Center Road Monroeville, PA.
What is the asking price?
The asking price for this property is $824,000.
What are key features of this property?
This property features: 2,201 SF veterinary practice at 232 Center Road; NNN lease with CVP Operations PA, LLC and corporate guarantee from CVP Holdco, Inc.; Lease term runs from December 18, 2023 through December 31, 2033
