2673 Lakefield Road

$990,000
Triple Net Leased Veterinary Property Portfolio

44.3713073, -78.293586

Main Intersection
Lakefield Road & Killoran Road
Location
Peterborough
Address

2673 Lakefield Road
Peterborough ON K9J 6X5
Canada

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Land Information

Total Size
37,695 SF (0.865 acres)

Building Information

Zoning
C2-138 - Local Commercial Exception Zone
Current Use
Veterinary clinic
Details

Champlain Animal Hospital, located at 2673 Lakefield Road in Peterborough is a full-service animal care hospital that has been operating since 1979. The property is located at a hard corner and along a very busy and heavily travelled thoroughfare. Most recently the tenant renewed the lease for 20 years, extending the term to April 2043. With 6% contractual rental increments every 2 years, the property provides for a stable and predictable cash-flow with exceptional built-in growth. The property offers a triple net lease, whereby the tenant is responsible for all day-to-day maintenance and operation of the asset.