201 School House Dr, Hedgesville, WV 25427-5806
This exceptional investment opportunity presents a fee-simple, 5,121-square-foot medical office building in Hedgesville, West Virginia. Located at 201 School House Dr, 25427, this single-tenant property is 100% occupied by Veterinary Innovative Partners under an absolute triple-net (NNN) lease with a corporate guarantee. The current lease term commenced June 7, 2022, and has a remaining term of 7.6 years, expiring June 30, 2032, with a single 5-year option period featuring 2% annual rent bumps. The asking price is $970,588, representing a price per square foot of $189.53 and an attractive 8.50% cap rate based on a current Net Operating Income (NOI) of $82,500. The property sits on a 0.91-acre lot. This investment offers significant upside potential, given the strong performance of the veterinary services market, which is considered recession-resistant and demonstrates consistent growth fueled by increasing pet ownership and healthcare spending. The tenant's financial performance is exceptionally healthy. The absolute net lease structure ensures the tenant handles all property taxes, insurance, and maintenance, minimizing operational responsibilities for the owner. This presents a compelling opportunity for investors seeking a stable, high-yield asset in a growing sector.
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Ark Animal Clinic Veterinary Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.