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360 N 11th St Monmouth, IL 61462

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NNN leased animal hospital with recent lease extension.

Type:Office, Retail
Property size:
3,253 SF
Added:
Sep 6, 2024
Days on Market:
592
Last Refresh:
Mar 17 at 1:13 pm

Property Features for 360 N 11th St

General Information

Standard status
Active
Size
3,253 SF
Property subtype
Office, Retail

Building Details

Year Built
1950

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Listing Contact
Brian Wine

Listing agent Brian Wine License #CA 01952225

Listing office Brian Wine

Listing date Sep 6, 2024

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 Brian Wine


Overview

Monmouth Animal Hospital Investment Opportunity

This is an opportunity to acquire the fee simple interest in a NNN leased, freestanding Monmouth Small Animal Hospital investment property in Monmouth, IL. The tenant, Heartland Veterinary Partners, recently exercised its option to extend the lease for 3 years and has 1 (one) 3-year option to extend, demonstrating commitment to the location. The lease is a triple net with limited landlord responsibilities. Heartland Veterinary Partners is a veterinary management company founded in 2017 and headquartered in Chicago, Illinois. Monmouth Small Animal Hospital is strategically located on N 11th Street, benefiting from superior visibility via significant street frontage and a facade sign. The location shares the area with businesses like Walgreens, Subway, and Save-a-Lot. The site benefits from the street traffic of N 11th Street, which sees 3,455 vehicles daily. The 5-mile trade area is supported by a population of 9,751 and 4,207 daytime employees with an average household income of $103,113. The property size is 3,253 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Hospitals

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Monmouth
County
Warren
State
Illinois
Longitude
-90.631357
Latitude
40.907131

FAQs

What type of property is this?
Hospital - NNN leased animal hospital with recent lease extension.
Where is this hospital located?
The property is located at 360 N 11th St Monmouth, IL.
What is the asking price?
The asking price for this property is $396,423.
What are key features of this property?
This property features: NNN leased property provides a low‑management, passive investment opportunity.; Tenant recently extended the lease for 3 years, demonstrating commitment to the location.; Located on N 11th Street with high visibility and significant street frontage.
More about this property
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