Investment Overview
Offered for sale as a single-tenant NNN investment opportunity, Foothills Animal Hospital features approximately 7,814 SF of total improvements on ±3.12 acres along the highly visible I-8 frontage in Yuma’s growing Foothills submarket. The property is offered at $3,355,187, representing a 7.25% cap rate on current in-place NOI of approximately $243,251.
The investment is 100% leased to Companion Pet Partners US LLC through August 2030 on an NNN basis, providing limited landlord obligations and predictable income. The lease includes 2% annual rent increases, as well as two additional five-year renewal options, creating the potential for continued contractual income growth beyond the initial lease term.
The sale includes the ±7,023 SF veterinary hospital, a separate ±791 SF on-site residence, and the underlying fee-simple land and improvements. With a specialized medical build-out, established tenant, contractual rent growth, and prominent location along the I-8 corridor, the property offers investors a combination of current cash flow, long-term income potential, and underlying real estate value.
Investment Highlights
- Single-Tenant NNN Investment – 100% leased to Companion Pet Partners US LLC with limited landlord obligations.
- 7.25% Cap Rate – Offered at $3,355,187 with approximately $243,251 in-place NOI.
- Contractual Rent Growth – Lease features 2% annual rent increases through the current term.
- Long-Term Upside – Lease runs through August 2030 with two additional five-year renewal options.
- Fee-Simple Ownership – Sale includes approximately 3.12 acres of land and all improvements.
- ±7,814 SF of Improvements – Includes a ±7,023 SF veterinary hospital plus a separate ±791 SF casita.
- High-Visibility I-8 Location – Positioned along the Interstate 8 frontage with exposure to approximately 57,483 vehicles per day.