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Net Leased Veterinary Facility
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965 Sanford Road, Westport, MA 02790

Fee simple sale of a net-leased freestanding veterinary property with landlord duties limited to key exterior and structural items.

Property SizeContact for details
Days on Market121

Property Features for 965 Sanford Road

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Brian Wine
Listed By: Brian Wine · License #CA 01952225
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 9:15AM

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

Investment Insights

Based on property information with market context.

The offering is a fee simple interest (land and building ownership) in a net-leased, freestanding veterinary investment property. The tenant, Acoaxet Realty, LLC, has more than six years remaining on its initial term and includes two (5-year) options to extend. The lease includes annual CPI rental increases with a stated minimum of 1.5% during the initial term and at the beginning of each option period.

The lease is structured as NN, with landlord responsibilities limited to maintaining the roof, structure, building exterior, exterior walkways, and handling replacement of the parking lot and mechanical systems. The lease is corporate guaranteed by National Veterinary Associates, Inc., identified in the remarks as the largest private owner of freestanding veterinary hospitals with over 1,000 locations worldwide.

This property is presented as part of a National Net Lease investment offering in Westport, Massachusetts, at 965 Sanford Road.

Key Highlights

  • Fee simple sale (land & building ownership) of a NN leased, freestanding veterinary property in Westport, MA
  • Tenant Acoaxet Realty, LLC has over 6 years remaining on the initial term plus two (5‑year) extension options
  • Lease includes annual CPI rental increases (minimum 1.5%) during the initial term and at the start of each option period

Property Analytics

Current Use

Medical centers

Suggested Use

Top Pick Restaurant Auto Parts Store Hair Salon Electrical Service Big Box & Wholesale Store Auto Repair Shop

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

95
Businesses Nearby

Demographics for 02790, MA

16,458
Population
7,523
Households
2.2
Avg Household Size
50
Median Age
30%
College-Educated
91%
High-School Grad
53.9 sq mi
ZIP Area
305
Density / Sq Mi
$100,617
Median Household Income
$52,188
Median Earnings
$1,313
Median Rent
$476,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical center - Fee simple sale of a net-leased freestanding veterinary property with landlord duties limited to key exterior and structural items.
Where is this medical center located?
The property is located at 965 Sanford Road Westport, MA.
What are key features of this property?
This property features: Fee simple sale (land & building ownership) of a NN leased, freestanding veterinary property in Westport, MA; Tenant Acoaxet Realty, LLC has over 6 years remaining on the initial term plus two (5‑year) extension options; Lease includes annual CPI rental increases (minimum 1.5%) during the initial term and at the start of each option period
More about this property
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