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32450512
32450508

3496 Forestdale Drive, Burlington, NC 27215

MS
NC NC 359237
Berkeley Capital Advisors Charlotte
RF
NC 280948
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte
$2,812,000
53 days on market
Updated 4 days ago

Town N Country Animal Hospital

Details
APN 113130
Property Type Retail
Sub Type Veterinarian, Veterinary (+1)
Square Footage 11,475
Units 1
Cap Rate 5.80%
NOI $163,090
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Term 7
Lease Expiration 09/30/2029
Remaining Term 3.5
Rent Bumps Yes
Lease Options One, 5-Year
Broker Co-Op True
Year Built 2001
Stories 1
Acreage 2.480
Zoning Commercial
Parking Spaces 33 spaces
Parking per 1,000 SqFt 2.88
Investment Type Net Lease
Tenant Credit No Credit Rating
Lease Commencement 07/01/2022
Ground Lease No

Established Veterinary Practice | Affluent Surrounding Area | Strong Population Growth

Investment highlights

• Great access from Huffman Mill Rd and S Church St | 51,000 VPD combined

• Located inside of dense retail corridor | 5.8M SF within a 2-mile radius

• Long operating history | Town N County Animal Hospital has been in operation in Burlington for over 50 years and expanded to this location in 2022

• Large parcel | 2.48 acres

• Strong population growth within a 3-mile radius | 27.99% from 2010-2025

• Attractive population density within a 5-mile radius | 92,740 residents

• Steady projected population growth over the next 5 years | 5.65% growth within a 5-mile radius

• Affluent surrounding area | $98,398 average household income within a 3-mile radius

• 4,657 multi-family residential units and hundreds of single-family homes within 2-miles

• Ahold Delhaize USA (Food Lion) will be investing $860M in the city of Burlington to establish a modern distribution center for its grocery brands along the East Coast | The project will initially bring 120 new jobs and over 500 after completion

• Less than 5 minutes Cone Health Hospital Burlington | 238 beds

• Less than 10 minutes from Elon University | 7,200 students

• Less than 15 minutes Hugh M Cummings High School, Graham High School, Southeast Alamance High School, & Walter Williams High School | 3,633 students combined

• 45 minutes from both Piedmont Triad International Airport & Raleigh-Durham International Airports | 880 flights per day combined

• Nearby Destination Retailers | Walmart Supercenter, Target, Lowe’s, The Home Depot, Publix, Harris Teeter, Food Lion, Lowes Foods, ALDI, Best Buy, Tractor Supply, Kohl’s, JCPenny, Texas Roadhouse, Olive Garden, Outback, LongHorn, Applebee’s, IHOP, Chili’s, McDonald’s, Starbucks, Chick-fil-A, Chipotle, Arby’s, CAVA, Dairy Queen, KFC, Taco Bell, Wendy’s, Domino’s, Sonic, Zaxby’s, Popeyes, Biscuitville, Panera, Hardee’s, Bojangles, Advance Auto, AutoZone, O’Reilly, NAPA, Take 5, Strickland Brothers, Mavis, and more

Listing Contacts

MS
NC NC 359237
Berkeley Capital Advisors Charlotte
RF
NC 280948
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$163,090.00
$13,590.83/mo

Valuation Metrics

0
DSCR
5.8%
Cap Rate
5.8%
ROI

Map

Zoning

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GB CommercialGeneral CommercialGeneral Business District
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Last updated Jun 18, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Matt Sagehorn
License
NC 359237
Brokerage
Berkeley Capital Advisors
Brokerage Phone
562-972-0044
Title
Real Estate Broker
Brokerage Address
1228 East Morehead Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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