ChenMed - Cincinnati, OH
6121 Colerain Avenue, Cincinnati, OH, 45239, US
729 m²
Description
JLL is pleased to offer for sale a freestanding veterinary clinic 100% leased to Heartland Veterinary Partners, representing a unique opportunity to acquire one of the last remaining single-tenant net lease properties tenanted by Heartland Veterinary Partners (the "Tenant"). The 2,457-square-foot property, located at 209 E. 1st St, Janesville, Minnesota generates $41,184 in net operating income and features ±2.4 years of remaining net lease term backed by a corporate guarantee from a market-leading operator. The Tenant has demonstrated a strong operational history at this location and holds a 3-year extension option, providing additional lease security and potential income stability.
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Attributes
Asking price
NZ$737,000
Cap rate
9.25%
NOI
NZ$69,000
Building area net
228 m²
Occupancy
100%
Year built
1965
Land area gross
0.16 ha
WAULT
2.4 years
Media
Investment Highlights
- 58% of households with pets within 3-mile radius
- $94,000+ 1-mile average household income
- < 1 MI from MN-14 with access to Minneapolis
- Limited landlord responsibilities
- 100% occupancy ensures near-term cash flow stability.
- 2,457 sqft established healthcare facility.
- Strategically positioned in Janesville, MN.
- Near-term WALT of 2.4 years offers investment renewal opportunity.
Contact brokers
Highland Ventures – HVP - Janesville, MN (0 Properties)
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Last updated
18 Feb 2026
