Vestal Veterinary Hospital — Sale in Vestal, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Vestal, NY 13850
  • Year built: 1980

Investment Figures

Cap rate
9.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present Vestal Veterinary Hospital located at 2316 Vestal Pkwy E., Vestal, New York. This veterinary hospital was constructed in 1980 and is comprised of 8,536 square feet situated on 1.20 acres of land. This hospital is 100 percent occupied by Vestal Veterinary Hospital operating under a double-net lease structure with a corporate guarantee. There are three, five-year renewal options with 2 percent annual rental increases. There are 5.5 years of term remaining on the initial lease term. Vestal Veterinary Hospital provides comprehensive veterinary care for pets in the community. The clinic offers a full range of services, including wellness exams, vaccinations, dental care, surgical procedures, and diagnostic testing. With a focus on compassionate, personalized care, the hospital strives to ensure the health and well-being of both dogs and cats. Equipped with modern facilities and staffed by experienced veterinarians and technicians, Vestal Veterinary Hospital is a trusted destination for pet owners seeking professional and attentive veterinary services in the Vestal area. Located on Vestal Parkway, also known as Route 434, is a major east–west commercial corridor through Vestal, New York, providing excellent connectivity to surrounding highways and regional routes. It links directly to Route 26, Route 201, and nearby interchanges with Route 17, making travel to Binghamton and other parts of Broome County quick and convenient. The Parkway is lined with a variety of amenities, including grocery stores like ALDI, pharmacies such as CVS, shopping centers, hotels like Holiday Inn Express and Homewood Suites, and civic facilities including the Vestal Town Court. The area also offers recreational options, with the Vestal Rail Trail and bike paths providing safe spaces for walking, running, and cycling. Residential properties and mixed-use developments are interspersed along the corridor, creating a balance between commercial activity and l

Market Context

This office in Vestal, NY is listed for sale. It is offered at an approximate 9.0% capitalization rate, a key benchmark for income-producing office assets. The building dates to 1980. It has been on the market for 87 days. Compare it against other office listings for sale in Vestal, NY — view the full market.

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