Property summary
This exceptional investment opportunity presents the fee simple interest in a 3,704 square foot, free-standing VCA Jackson Animal Hospital in Jackson, MI. The property, built in 1985 and situated on a 0.63-acre lot, boasts 41 parking spaces and enjoys excellent visibility with a monument sign on North Blackstone Street. The current NNN lease with VCA, a well-established veterinary care provider, has approximately 2.2 years remaining on the initial 5-year term, followed by two 5-year renewal options with 2% annual rent increases. The property generates a strong NOI of $68,921, resulting in an attractive 8.30% cap rate at an asking price of $830,000 ($224.08/sq ft). The limited landlord responsibilities inherent in the NNN lease structure make this an ideal low-management investment. The property benefits from its location in a busy commercial area alongside established businesses like Aldi, CVS Pharmacy, and Family Dollar, and enjoys high traffic counts on nearby W Ganson Street (12,818 vehicles daily). The 5-mile trade area encompasses a population of 83,219 residents and over 40,707 daytime employees, with an average household income of $68,479. The property's APN is 1-0247.1000. This is a turnkey investment with significant upside potential.
Property profile
VerifiedCap rate & NOI
Current use
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Veterinary Clinic
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Veterinary Clinic
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Veterinary Clinic
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Veterinary Clinic
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Veterinary Clinic
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Sec. 28-45. - C-4 general commercial district. The general commercial district is composed of certain land and structures used to provide all types of retail goods and services for the residents of the city and surroundi…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
C-4 · Jackson, MISec. 28-45. - C-4 general commercial district. The general commercial district is composed of certain land and structures used to provide all types of retail goods and services for the residents of the city and surroundi…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Sec. 28-45. - C-4 general commercial district. The general commercial district is composed of certain land and structures used to provide all types of retail goods and services for the residents of the city and surroundi…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-4 in Jackson, MI.
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Find the owner behind the property.
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