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Medical Office with NNN Lease
New
For Sale
$1,536,000

7021 Lithia Pinecrest Rd, Lithia, FL 33547

Alafia River Animal Hospital is occupied by CareVet under a corporate guarantee and has annual rent increases of 2%.

Property Size4,490 SF
Lot Size4.92 Acres
Price / SF$342.09
Days on Market2

Property Features for 7021 Lithia Pinecrest Rd

General Information

Standard status Active
Size 4,490 SF
Lot size 4.92 Acres
Property subtype Single-Tenant Office Medical
Occupancy 100%
Lease Type NNN
Net Operating Income $107,520

Financials

Asking Price $1,536,000
Cap Rate 7%

Additional Details

Tenant in Place Yes
Property Use Animal Hospital
Medical Specialty veterinary

Amenities

CareVet is One of The and Fastest Growing Veterinary Practice Management Groups in the Country with Over 200+ Hospitals Nationwide
Corporate-Backed NNN Lease with 2% Annual Rent Increases
Newly Extended 5-Year Lease on Rare 4.92 Acre Parcel with Re-Development Upside

Building Details

Building Size 4,490 SF
Tenancy Single
Listing Agency: Marcus & Millichap - Denver
Listed By: Cory Gross · License #License(s): CO: FA100038277
Source: Marcusmillichap
Added: Nov 4 Last Checked: Nov 4 at 2:53PM

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 Marcus & Millichap - Denver

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Investment Insights

Based on property information with market context.

Alafia River Animal Hospital is a 4,490-square-foot medical office property on a 4.92-acre parcel at 7021 Lithia Pinecrest Rd in Lithia, Florida. CareVet occupies the property under a corporate-guaranteed NNN lease, with approximately 4.9 years remaining in the primary term and two 5-year renewal options. Annual rent increases are 2%.

Key Highlights

  • 4,490‑square‑foot animal hospital on a 4.92‑acre parcel
  • CareVet lease carries a corporate guarantee and NNN structure
  • Approximately 4.9 years remain in the primary term

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Alafia River Animal ... Veterinary Clinic

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Auto Repair Shop HVAC Service Hair Salon Electrical Service

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

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33547, FL

30,935
Population
10,162
Households
3
Avg Household Size
36
Median Age
46%
College-Educated
94%
High-School Grad
160.6 sq mi
ZIP Area
193
Density / Sq Mi
$121,769
Median Household Income
$57,624
Median Earnings
$2,114
Median Rent
$477,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • Alafia River Animal Hospital — 7021 Lithia Pinecrest Rd, Lithia, FL 33547

Frequently Asked Questions

What type of property is this?
Medical Office Space - Alafia River Animal Hospital is occupied by CareVet under a corporate guarantee and has annual rent increases of 2%.
Where is this medical office space located?
The property is located at 7021 Lithia Pinecrest Rd Lithia, FL.
What is the asking price?
The asking price for this property is $1,536,000.
What are key features of this property?
This property features: 4,490‑square‑foot animal hospital on a 4.92‑acre parcel; CareVet lease carries a corporate guarantee and NNN structure; Approximately 4.9 years remain in the primary term
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