Veterinary Clinic Investment
8500 Cedarhome Dr, Stanwood, WA 98292
High-yield, corporate-backed veterinary clinic with NNN lease and annual rent increases.
Type:Office, Retail
Property size:
4,357 SFPrice / SF:
$383/SF- Added:
- Feb 24, 2026
- Days on Market:
- 77
- Last Refresh:
- Mar 17 at 1:17 pm
Property Features for 8500 Cedarhome Dr
General Information
- Standard status
- Active
- Size
- 4,357 SF
- Property subtype
- Office, Retail
Listing agent Daniel Solomon License #CA 02105991
Listing office Kidder Mathews Los Angeles West
Listing date Feb 24, 2026
Source Crexi
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 Kidder Mathews Los Angeles West
HighLights
- Attractive 9.00% capitalization rate, significantly above market rates.
- NNN Lease Structure: Tenant responsible for all operating expenses, creating a passive investment.
- Private Equity‑Backed Strength: PetVet is owned by KKR (Kohlberg Kravis Roberts).
- Lease features 2% annual rental increases, providing a reliable inflation hedge.
- AAHA‑Accredited Facility: Underscoring exceptional standards of veterinary care.
- Established Tenant Commitment: Northwest Veterinary Clinic of Stanwood is a long‑standing and trusted practice.
Overview
This veterinary clinic investment opportunity features a corporate-backed tenant and is offered at a 9.00% capitalization rate. The property is an AAHA-accredited facility, reflecting high standards of veterinary care and operational excellence. The Northwest Veterinary Clinic of Stanwood is a long-standing practice in the community. PetVet's presence and medical investments indicate confidence in the site's performance. PetVet is backed by KKR (Kohlberg Kravis Roberts), a global investment firm with over $500 billion in assets under management. The NNN lease structure provides a passive, management-free investment, with the tenant responsible for all operating expenses, including taxes, insurance, and interior maintenance. The Stanwood clinic offers a range of veterinary services, including wellness exams, diagnostics, surgical procedures, and dental care, serving families and pet owners in the Stanwood and Camano Island area. The lease includes 2% annual rental increases. The site has a history of long-term veterinary tenancy.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Medical centers
Location Insight
- Map
- Local Demand
- City
- Stanwood
- County
- Snohomish
- State
- Washington
- Longitude
- -122.3481281
- Latitude
- 48.2426588
Nearby Similar for Sale
FAQs
What type of property is this?
Medical center - High-yield, corporate-backed veterinary clinic with NNN lease and annual rent increases.
Where is this medical center located?
The property is located at 8500 Cedarhome Dr Stanwood, WA.
What is the asking price?
The asking price for this property is $1,673,000.
What are key features of this property?
This property features: Attractive 9.00% capitalization rate, significantly above market rates.; NNN Lease Structure: Tenant responsible for all operating expenses, creating a passive investment.; Private Equity‑Backed Strength: PetVet is owned by KKR (Kohlberg Kravis Roberts).
