$1,900,000
( $169.64Per Sq Foot )
 $10,200 est/mo Sourced by Back At You

1875 Seymour Street,North Bay, ON P1A 0C7

North Bay, ON P1A 0C7

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Description

North Bay Animal Hospital - A rare opportunity to acquire a freestanding, necessity-based healthcare asset backed by an exceptional corporate covenant on a long term 17 year lease. Lease commenced in May 2022 with 2% annual rental escalations, compounding significantly(~40% growth). The property is fully leased to National Veterinary Associates (NVA) one of the largest and most respected veterinary services providers in North America. NNN lease structure, offering an investor a hands-off and stable income stream. The lease provides for strong rental growth and long-term cash flow backed by a leading operator in a recession-resilient sector.

Details

MLS #40734065
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Days On Site26
Listing Provided ByLennard Commercial Realty | Sasha Ischenko

Features

SQ Feet11,200
Story(s)2
ZoningMBP SP.30

Taxes

Property4740

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

Contact

Learn More About This Property

Tiffany Clout

Tiffany Clout

Momentum Realty

 (905) 935-8001
ProvinceON
RegionNipissing
CityNorth Bay
Postal CodeP1A 0C7
AreaNorth Bay
SubareaBirchaven
Community NameBirchaven
Listing VS Median (in Birchaven)
Price:
$1,900,000
low | high
Med:
$1,900,000
50% of Average
SqFt:
11,200
low | high
Med:
11,200
50% of Average
$ / SqFt:
$170
low | high
Med:
$170
50% of Average
On site:
26
low | high
Med:
26.000000
100% of Average
Sourced by Back At You
Listing Updated: June 18, 2025 at 1:29:25 PM PDT