2480 Martin Luther King Junior Parkway Chico, CA 95928

$6,826,000 Closed

About the Property

Please Note: This property has been SOLD

13,252 SF State of the Art Full Service Regional Veterinary Hospital offering primary veterinary care, specialty care (internal medicine and surgery) and emergency-critical care services. Award winning facility contains 10 exam rooms, 2 advanced operating rooms, large treatment and special procedures rooms, radiology room for digital X-Ray and MRI?s, dental suite, rehab center, doctors portals and medical library, conference & employee break room and more. High-capacity linked data/comm infrastructure w/backup generator. Main entry and client waiting area architecturally stunning with the highest quality, design and workmanship. Tenant VCA Animal Hospitals Inc., a division of VCA Inc. (NASDAQ "WOOF"), leading provider of pet health care services in the USA owns and operates 650 hospitals in 41 states and Canada, serving 14,000 hospitals nationwide employing largest group of vet specialists of any vet care company w/3,000 veterinarians, and over 14,000 skilled care providers, support staff and managers. Hospital opened in 2012 w/original Tenant under 15 year NNN Lease (Dec 2011). VCA Animal Hospitals Inc. (current Tenant) acquired Valley Oak practice in Q3 2015, including assignment of lease which expires Nov 2026.

Property Information

Size 13,252 SqFt
Price/SqFt $515
Year Built 2011
Property Type Specialty
Zoning Commercial
Listing Number CH15207927
Listed 9/21/2015
Modified 1/15/2016
Listing Agent Bill Brouhard
Listing Office Guillon Brouhard Commercial R

Property Features

Building Name
  • Valley Oak Veterinary Center
Cap Rate
  • 5.75
Current Commercial Use
  • Medical
Land Use
  • Other
Number Of Buildings
  • 1
Number Of Units Leased
  • 1
Office Class
  • A
Parking Total
  • 44.00
Stories Total
  • 1
Topography
  • flat
Water Source
  • Public
Heating
  • Zoned
  • Electric
  • Natural Gas
  • High Efficiency
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