28088 770th Ave, Clarks Grove, MN 56016 For Sale

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer for sale the Clarks Grove Veterinary Clinic and Hospital, a freestanding veterinary clinic located at 28088 770th Ave Clarks Grove, Minnesota. This 9,468-square-foot property represents a compelling single-tenant net lease investment opportunity, generating $144,000 in net operating income at an attractive 9.25% cap rate. The property is 100% leased with approximately 1.6 years of remaining lease term, providing stable cash flow backed by a corporate guarantee from Heartland Veterinary Partners, a market-leading operator with a strong operational history at this location. Constructed in 1982 on a 1.18-acre parcel, the facility has been purpose-built for veterinary services and benefits from strategic positioning within Clarks Grove's service area. The Tenant holds 2–4-year extension options, enhancing lease security and supporting potential income stability. Strategically positioned within Minnesota's growing healthcare corridor, the property benefits from strong demographic fundamentals characterized by robust local purchasing power, enhanced connectivity via major transportation networks, and proximity to emerging area developments, supporting both current income stability and potential for future value creation through lease renewal or property enhancement opportunities. This investment offers an attractive entry point into the veterinary healthcare sector, combining immediate cash flow with long-term growth potential through anticipated lease extensions, positioning it as an ideal core asset for investors seeking portfolio diversification within the healthcare real estate segment.