The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in an NN leased, freestanding, Hickory Small Animal Hospital investment property located in Ponchatoula, Louisiana. The Tenant, Thrive, has over 4 years remaining in their initial term with 4 (5-Year) options to extend. The lease features annual rental increases based on the total percentage increase in the CPI throughout the initial term and option periods, steadily growing NOI, and hedging against inflation. The lease is a double net with limited landlord responsibilities of repair and maintenance of foundation, exterior walls, roof, and other structural & wood-destroying insect treatment and repairs, making it an ideal, low-management investment opportunity for a passive investor. Thrive is aiming to revolutionize veterinary care for pets and the people who love them through the world’s most trusted, innovative, and connected pet healthcare network.