Banfield Pet Hospital Midlothian, VA

13001 Hull Street Road
Midlothian, VA

Price: $3,478,000
Cap Rate: 5.75%
NOI: $200,000
Building Size: Approx. 3,830 Sq. Ft.
Lot Size: Approx. 1.64 Acres
Type: Single-Tenant / Retail
Sub Category: Veterinarian
Year Built / Renovated: 1990 / 2023

Investment Overview

  • 2023 Renovation. 3,830+/- SF Building on 1.64+/- Acre Site
  • 10-Yr – Modified NNN Lease w/ 10% Rental Increases Every 5 Years, with (2) 5-Year Options
  • Subject Property is Located off Hull Street Road (74,688+ VPD) & Commonwealth Centre Parkway (5,395+ VPD)
  • Near Many National Retailers: Target, Starbucks, McDonald’s, Tropical Smoothie Cafe, Subway, Jersey Mike’s, T.J. Maxx, & Many More
  • Nearby Attractions: Downtown Richmond, St. Francis Medical Center, Richmond International Airport, & The University of Richmond
  • Banfield Pet Hospital is the Largest General Veterinary Practice in the U.S.
  • Richmond |  The Capital City of Virginia  |  Population: 1.3M+