225 3rd St, Arlington, NE 68002-3126
- Specialty properties
- 1,856 SF
- 0.19 lot acres
Current Use by Public Records
- Arlington Pet Hospital / Veterinary Clinic
- Upper Paw / Veterinary Clinic
Property Details for 225 3rd St
- Year built
- 2010
- Lot size
- 0.19 lot acres
- Zone code
- 03-COMMERCIAL
- Property type
- Specialty properties
- APN
- 890034265
- APU
- 890034265
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 18, 2017 | — | Fvg Arlington LLC | — | Deed · related | $190k · Union Bk&tr |
| Dec 15, 2017 | $92,000 | Fvg Arlington LLC | Rohrig,kent E | Warranty Deed | — |
| Aug 2, 2005 | $125,000 | Kent E Rohrig | Raatz,james L & Kim D | Warranty Deed | $52k · First Community Bank |
| Apr 9, 2003 | $28,000 | James L Raatz | Cady,john D & Elaine E | Grant Deed | — |
| — | — | Fvg Arlington LLC | — | Deed Of Trust · related | $190k · Union Bk&tr |
Description
Exceptional investment opportunity in Arlington, Nebraska, featuring a 1,856 square foot veterinary office building on a fee-simple basis. This single-tenant, absolute NNN lease with Alliance Animal Health, a national operator with over 200 partner practices, boasts a strong 8.75% cap rate and $41,734 annual NOI. The lease commenced February 1, 2019, and expires January 31, 2029, with two five-year renewal options and 3% annual rent increases. Built in 2010, the property enjoys 100% occupancy and benefits from the recession-resistant nature of the veterinary healthcare industry. The asking price is $476,960, translating to $256.98 per square foot. This property presents a stable, passive income stream with built-in inflation protection, making it ideal for 1031 exchange investors. The tenant, Arlington Pet Hospital, has a long-standing presence in the community, offering comprehensive veterinary services. Alliance Animal Health's substantial size and national presence further enhance the investment's security and potential for long-term growth. The property is located at 225 N 3rd St, Arlington, NE 68002. This is a rare opportunity to acquire a high-performing, passively managed asset in a growing sector.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Arlington
- County
- Washington
- State
- Nebraska
- Longitude
- -96.3514
- Latitude
- 41.4519
- CBSA code
- 36540
- CBSA name
- OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
