August 15, 2021
SOLD – CERES VETERINARY CLINIC – CERES, CALIFORNIA
J.H. Winokur, Inc. is pleased to announce the closing of the sale-leaseback transaction for Ceres Veterinary Clinic located in Ceres, California. Ceres Veterinary Clinic is a full-service animal hospital providing comprehensive pet healthcare services. Their veterinarians offer a wide variety of medical, surgical, and dental services. The hospital has advanced equipment and technologies, including comprehensive in-house testing for accurate diagnosis, digital X-rays, surgical suites, , dental suites, and a pharmacy. From routine preventive care to early detection and treatment of a wide range of conditions and diseases, they have the expertise to provide the highest standard of care for your pet. Ceres Veterinary Clinic has been established in the Ceres community for more than 50 years, providing exceptional veterinary care and outstanding client service to local pets and the people who love them. They also service the surrounding areas, including Hughson, Keyes, Turlock and Modesto.
The property is next to a busy, high traffic count, intersection with easy access to Route 99, a major north/south thoroughfare. Many national retailers and restaurants surround the property. There is 18,671 population in 1-mile radius, 65,780 population in the 3-mile radius and 171,052 population in the 5-mile radius. The 1,3 and 5 mile radius of the site have experienced tremendous population growth, with continued growth expected the next five years.
J.H. Winokur represented the veterinarian real estate owner in the sale of their real estate to a private investor in a 1031 exchange. Veterinary sale-leaseback is a great option for veterinarians seeking to diversify assets, pay off debts and take money off the table. The best time for a veterinarian to sell their real estate is prior to a sale of the business consolidator as they still have control over the lease. This will typically allow the veterinarian to reach the highest price for the real estate. For more information, contact Jason Winokur
