780 Highway 6

Triple Net Leased Veterinary Property Portfolio
  • 780 Highway 6 Front of Building with Clappison Animal Hospital Sign
    Sold: Retail
  • 780 Highway 6 Front Entrance into Building
    Sold: Retail
  • 780 Highway 6 Front of Building with Parking Lot
    Sold: Retail
  • 780 Highway 6 Interior Entrance with Large Windows
    Sold: Retail
  • 780 Highway 6 Interior Front Entrance, Shopping Area with Large Window
    Sold: Retail
  • 780 Highway 6 Animal Examination Room
    Sold: Retail
  • 780 Highway 6 Animal Examination Room with Desks
    Sold: Retail
  • 780 Highway 6 Animal Examination Room with Pet Wash Area
    Sold: Retail

43.3317704, -79.9437969

Main Intersection
Highway 6 & Concession 5 Road E
Location
Hamilton
Address

780 Highway 6
Hamilton ON L8N 2Z7
Canada

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Land Information

Total Size
42,668 SF (0.98 acres)

Building Information

Zoning
E1 - Existing Rural Commercial
Current Use
Veterinary clinic
Legal Description

PT LOT 13, CONCESSION 5 EAST Hamilton , AS IN CD122128 ; Hamilton CITY OF HAMILTON

Details

Clappison Animal Hospital, located at 780 Highway 6 is a companion animal hospital that has served pets in the Hamilton, Waterdown, Dundas, Flamborough and Burlington areas for over 40 years. The property is situated at a hard corner with multiple access points and fronts on to the heavily travelled Highway 6 with 4 lanes of traffic. 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.