156 N Maag Avenue
Oakdale, CA, 95361 $ 9,400,000
Baths0.0 Sq 12,900 Monthly Estimate*
$ 56,297
Studio
for $9,400,000. This 12,900 square foot building was built in 2023 on a lot size of 1.34.
CRI Real Estate is pleased to offer the opportunity to acquire the fee simple interest in a NN leased, freestanding, Veterinary Hospital & Surgery Center investment property located in Oakdale, CA. The Tenant, VCA, Inc., has 10 years remaining in their initial term with 2 (5-year options). The lease is a double net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. The lease is corporate guaranteed by VCA, Inc. one of the largest private owner of freestanding veterinary hospitals with over 1,000 locations worldwide. Proven Track Record: Oakdale Veterinary Group, Inc. was acquired by VCA, Inc. in 2024 due to its impressive 50+ year history of exceeding expectations and sustained growth. Proven Track Record: Oakdale Veterinary Group, Inc. was acquired by VCA, Inc. in 2024 due to its impressive 50+ year history of exceeding expectations and sustained growth. Hands-Off Investment: Secure NN lease offering a passive long-term opportunity for local and national investors. Advanced Medical Care: Comprehensive services including surgery, X-ray, ultrasound, and on-site MRI scanning at this location. Thriving Industry: Global veterinary services market projected to reach a staggering $142 billion by 2025, with consistent growth expected (CAGR of 5.6%). VCA Animal Hospitals Network: Leading veterinary provider, VCA, Inc., founded in 1986, operates over 1,000 locations nationwide. Backed by a Leader: VCA, Inc. is Owned by Mars, Incorporated, a powerhouse with over $45 billion in annual revenue (2022) and a highly prestigious ‘A+’ long-term credit rating.
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FeaturesExteriorLot Features Landscaped Paved
Water Source Public
Total Parking 52.0
Lot Size Area 58370.0
Number of Buildings 1
Spa N
Building Area Total 12900.0
Lot Size Acres 1.34
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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GeneralYear Built 2023
Property SubType Office
County Stanislaus
New Construction N
Property Type CommercialSale
Home Owner Assoc N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions North of F St and East of Yosemite Ave Off Maag Ave
City Oakdale
View Y/N N
Senior Community Y/N N
Open Parking Spaces 52.0
Lot Size Units SquareFeet
Lot Size Square Feet 58370.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 112
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Year Built Source Owner
Property Sub Type Additional Office
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InteriorTotal Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $56,297
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Oakdale, CA
Average List Price $1,785,321
Percent of Sale Price 81%
About Oakdale, CA 22,093 Population
38% Since 2002
$ 54,678 Median Income
37.08 Median Age
37% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/22/2024 | $9,400,000 | | Listed Price |