Building Details

Year Built 1982

Tenancy Single

Listing Agency: JLL Austin

Listed By: Kirby Hayes · License #TX 755222

Source: Crexi

Added: Feb 18 Changed: Aug 8 Last Checked: Aug 19 at 9:37AM

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Investment Insights

Based on property information with market context.

The Clarks Grove Veterinary Clinic and Hospital is a 9,468-square-foot freestanding veterinary clinic located at 28088 770th Ave in Clarks Grove, Minnesota. Constructed in 1982 on a 1.18-acre parcel, the facility has been purpose-built for veterinary services. The property is 100% leased with approximately 1.6 years of remaining lease term, generating $144,000 in net operating income. The tenant, Heartland Veterinary Partners, holds 2–4-year extension options. The property benefits from strategic positioning within Clarks Grove's service area and proximity to major transportation networks. It is located within Minnesota's growing healthcare corridor and benefits from strong demographic fundamentals characterized by robust local purchasing power and proximity to emerging area developments. This property represents a single-tenant net lease investment opportunity.

Key Highlights

• Attractive 9.25% cap rate generating $144,000 in net operating income.
• Freestanding 9,468‑square‑foot veterinary clinic and hospital.
• Corporate guarantee from Heartland Veterinary Partners, a market‑leading operator.

Property Analytics

Property Profile

Current Use

Clarks Grove Veterinary ... Veterinary Clinic Dennis Nelson, D.V.M. Veterinary Clinic

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Storage Facility Big Box & Wholesale Store Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

58

Businesses Nearby

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Demographics for 56016, MN

1,020

Population

445

Households

2.3

Avg Household Size

40

Median Age

17%

College-Educated

89%

High-School Grad

25.8 sq mi

ZIP Area

40

Density / Sq Mi

$85,938

Median Household Income

$44,706

Median Earnings

$910

Median Rent

$199,700

Median Home Value

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Frequently Asked Questions

What type of property is this?

Medical center - Freestanding veterinary clinic in Clarks Grove, Minnesota for sale.

Where is this medical center located?

The property is located at 28088 770th Ave Clarks Grove, MN.

What is the asking price?

The asking price for this property is $1,560,000.

What are key features of this property?

This property features: Attractive 9.25% cap rate generating $144,000 in net operating income.; Freestanding 9,468‑square‑foot veterinary clinic and hospital.; Corporate guarantee from Heartland Veterinary Partners, a market‑leading operator.