Vet Hospital Real Estate Archives - Page 12 of 15

West Jefferson Animal Hospital

West Jefferson Animal Hospital
West Jefferson, OH

West Jefferson Animal Hospital

121 East Main Street, West Jefferson, Ohio 43162

Investment Highlights

Contact Broker

Brian Wine

brian@thewinegroupre.com
D: (323) 609-4405

Description

The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership)in a NN-leased, animal hospital investment property located in West Jefferson, Ohio. The tenant, Midwest Veterinary Partners, LLC, recently signed a 10-year lease (8 years remaining) with 1 (5-year) option to extend, demonstrating their commitment to the site. The lease features 2% rental increases throughout the term, steadily growing NOI and hedging against inflation. The lease is absolute NN with landlord responsibilities limited to maintaining roof, structure, and replacing HVAC and mechanical systems. The lease is signed by Midwest Veterinary Partners LLC, operating under the name Mission Veterinary Partners, who currently has a network of over 175 animal hospitals in 27 different states.

Location

West Jefferson Animal Hospital is located on the hard corner intersection of S Heath Lane and East Main Street (14,600 vehicles per day). East Main Street is the main retail thoroughfare of West Jefferson, and connects the city to Columbus, OH, and many of its Western suburbs. Surrounding national/credit tenants include Dollar General, Family Dollar, McDonalds, Advanced Auto Parts, Circle K, and more. The subject site benefits from significant street frontage that results in excellent visibility, and has multiple access points to both East Main Street and East Pearl Street, allowing ease of access for customers. The 5-mile trade area is supported by over 16,000 residents and 3,700 employees, with an affluent average household income of $98,224.

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Allendale Veterinary Hospital

Allendale Veterinary Hospital
Allendale, New Jersey

Allendale Veterinary Hospital

120 W Allendale Ave. Allendale, New Jersey 07401

Investment Highlights

Contact Broker

Brian Wine

brian@thewinegroupre.com
D: (323) 609-4405

Description

The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, Allendale Veterinary Hospital investment property located in Allendale, New Jersey (Newark MSA). The tenant will sign a brand new 10-year lease at the close of escrow with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation.. The lease is NNN with landlord responsibilities limited to roof and structure, making it an ideal, low-management investment opportunity for a passive investor.

Location

The subject property is strategically located along Myrtle Avenue, a major retail and commuter thoroughfare averaging 26,200 vehicles passing by daily. The site benefits from nearby direct on/off ramp access to State Highway 17 (99,400 vehicles per day), the primary north/south commuter freeway traveling throughout Allendale. Additionally, the asset is ideally situated adjacent to Allendale Town Center, a newly renovated, 90,000 square foot neighborhood center featuring more than 20 stores including ACME Markets, TD Bank, Great Clips, and more, increasing consumer draw to the immediate trade area. Moreover, the veterinary clinic is strategically positioned within walking distance of Allendale Recreation Park, a popular scenic attraction with a large grass area perfect for pet owners to walk/run their dogs. The 5-mile trade area is supported by more than 180,500 residents and 103,000 daytime employees. Residents within 1 mile of the subject property feature an affluent average household income of $232,869.

Contact Broker

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West Houston Veterinary Medical Associates
Houston, TX

West Houston Veterinary Medical Associates

13560 Briar Forest Dr. Houston, Texas 77077

Investment Highlights

Contact Broker

Brian Wine

brian@thewinegroupre.com
D: (323) 609-4405

Description

The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, freestanding, West Houston Veterinary Medical Associates investment property located in Houston, Texas. The tenant, Innovetive Petcare, has over 9 years remaining in their initial term with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2.25% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation. The lease is NNN with landlord responsibilities limited to roof, structure, and parking lot, making it an ideal, low-management investment opportunity for a passive investor. Headquartered in Austin, Texas, Innovetive Petcare owns and operates 21 veterinary practices across six states.

Location

The subject property is strategically located near the signalized, hard corner intersection of Elridge Parkway S and Briar Forest Drive, averaging a combined 62,700 vehicles passing by daily. The property is quipped with a large monument sign, creating excellent visibility along Briar Forest Drive. The site benefits from nearby access to State Highway 5 (81,500 vehicles per day), a thoroughfare that connects directly with Interstate 10 (378,300 vehicles per day), the primary east/west freeway traveling through the Houston MSA. Additionally, the asset is ideally situated adjacent to Parkway Village Shopping Center, a 134,906-square foot neighborhood center anchored by Kroger and Walgreens. Located within an immense retail corridor, the site is nearby to a variety of national/credit tenants including Walmart Supercenter, The Home Depot, Target, Lowe’s Home Improvement, Ross Dress for Less, Walgreens, and more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the sire. Further, the veterinary office is positioned just 0.5 miles north of Ray Miller Park, a popular scenic attraction with large grass areas perfect for pet owners to walk/run their dogs. Moreover, the asset is surrounded by several apartment complexes including The Dawson (354 units), San Montego (314 units), and Eclipse (330 units), providing a direct residential consumer base from which to draw. The 5-miles trade area is supported by nearly 304,000 residents and 165,000 daytime employees. Residents within 1 mile of the subject property boast an affluent average household income of $114,246.

Contact Broker

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Forest Lake Animal Clinic
Seabrook, TX

Forest Lake Animal Clinic

3942 E NASA Parkway, Seabrook, TX 77586

Investment Highlights

Contact Broker

Brian Wine

brian@thewinegroupre.com
D: (323) 609-4405

Description

The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding, SVP Forest Lake Animal Clinic investment property located in Seabrook, TX. The tenant, Southern Veterinary Partners, has more than 14 years remaining in their primary term with 4 (5-year) options to extend. The lease features 2% annual increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. Southern Veterinary Partners is a nationally recognized brand operating over 180 locations nationwide with more than 3,000 employees.

Location

SVP Forest Lake Animal Clinic is strategically positioned along E. NASA Pkwy, a primary commuter and retail thoroughfare averaging 28,500 vehicles passing by daily. The property benefits from nearby on/off ramp access to State Hwy 146, a north/south state highway connecting the Houston MSA. Located in the heart of an immense retail corridor, the building is ideally situated between multiple shopping centers including Miramar Shopping Center (88,191 SF), Lakeside Shopping Center (35,048 SF), and NASA Center Shopping Mall (24,980 SF). Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the sire. In addition, the site profits from its proximity to numerous apartment complexes such as Village on the Lake Apartments (612 units), Encore on the Bay Apartments (296 units), Teakwood at Seabrook Apartments (277 units), and more, providing a direct residential consumer base from which to draw. Moreover, the property is within walking distance to NASA Johnson Space Center, the primary space exploration headquarters for our nation. The Space Center employs over 3,000 people and draws more than 1 million visitors per year to the immediate area. The 5-mile trade area is supported by more than 132,000 residents and 60,000 daytime employees with an affluent average household income of $112,964.

Contact Broker

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Veterinary Hospital Associates
Pueblo, CO

Veterinary Hospital Associates

651 S. Pueblo Blvd. Pueblo, Colorado 81005

Investment Highlights

Contact Broker

Brian Wine

brian@thewinegroupre.com
D: (323) 609-4405

Description

The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, corporate guaranteed, freestanding, Veterinary Hospital Associates of Pueblo investment property located in Pueblo, Colorado. The tenant, VetCor of Pueblo LLC, has over 8 years remaining in their initial term with 3 (2-year) options to extend. The lease features 2% annual rental increases throughout the initial term, steadily growing NOI and hedging against inflation. The lease s corporate guaranteed by VetCor Group Holdings Corp. and is NNN with landlord responsibilities limited to roof, structure, and partial HVAC, making it an ideal, low-management investment opportunity for a passive investor. Veterinary Hospital Associates of Pueblo has been operating at this location since 1976, demonstrating their commitment to the site.

Location

The subject property is strategically located near the signalized, hard corner intersection of S Pueblo Boulevard and State Highway 96, averaging a combined 56,200 vehicles passing by daily. Additionally, the sire is ideally situated within close proximity to City Dog Park and Pueblo City Park, two community parks with large grass areas for pet-owners to walk/run their dogs. There is virtually no competition in the surrounded 3-miles trade area, providing the animal hospital with a consistent consumer base from which to draw. The 5-mile trade area is supported by nearly 103,000 residents and 47,000 daytime employees. Residents within 1 mile of the subject property feature an average household income of $63,000.

Contact Broker

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Cherokee Hospital for Animals Johnson City, TN

Cherokee Hospital for Animals

708 Cherokee Road, Johnson City, Tennessee 95404

Investment Highlights

Contact Broker

Brian Wine

brian@thewinegroupre.com
D: (323) 609-4405

Description

The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, freestanding, Cherokee Hospital for Animals investment property located in Johnson City, Tennessee. The tenant, Cherokee Operating, LLC, has more than 10 years remaining on the initial term with 2 (5-year) options to extend, demonstrating their commitment to the sire. The lease features 1.5% annual rental increases throughout the initial term and 2% annual rental increases throughout option periods, steadily growing NOI and hedging against inflation. The lease is guaranteed by Veterinary Practice Partners, LLC and is NNN with landlord responsibilities limited to roof and structure, making it an ideal, low-management investment opportunity for a passive investor. Cherokee Hospital for Animals has been serving the community in Johnson City, Tennessee since the year 1985.

Location

The subject property is strategically located near the signalized, hard corner intersection of U.S. Highway 321 and State Highway 67, averaging a combined 33,200 vehicles passing by daily. The street-front property benefits from excellent visibility via a large pylon sign along Cherokee Rd./ State Highway 67. The sire is situated within 1 mile southwest of the on/off ramps to Interstate 26 (63,700 vehicles per day), a major retail corridor featuring a variety of national/credit tenants including Walmart Supercenter, Kroger, Target, Hobby Lobby, Walgreens, Family Dollar, and more. The asset is within close proximity to East Tennessee State University (14,189 students) and is surrounded by student dormitories and housing communities including Pleasant View Estates (65 units), The Villas as Pleasant View (17 units), providing a direct consumer base from which to draw. The 5-mile trade area is supported by more than 71,500 residents and nearly 57,000 daytime employees with an average household income of $60,726.

Contact Broker

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Santa Rosa Veterinary Hospital
Santa Rosa, CA

Santa Rosa Veterinary Hospital

2002 4th Street, Santa Rosa, California 95404

Investment Highlights

Contact Broker

Brian Wine

brian@thewinegroupre.com
D: (323) 609-4405

Description

The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building) in a NNN leased, freestanding, Santa Rosa Vet Hospital investment property located in Santa Rosa, California. The tenant, Western Veterinary Partners, LLC, has over 9.5 years remaining in their initial term with 2 (5-yar) options to extend. The lease features 2% annual rental increases throughout the initial term, steadily growing NOI and hedging against inflation. The lease is NNN with landlord responsibilities limited to roof and structure, making it an ideal, low-management investment opportunity for a passive investor. Santa Rosa Veterinary Hospital has been providing exceptional small animal health care to the pets of Santa Rosa and surrounding communities for more than 85 years.

Location

The subject property is strategically located along 4^th Street, a major retail and commuter thoroughfare averaging 33,000 vehicles passing by daily. The site benefits from excellent visibility via significant street frontage and a large monument sign along 4^th Street. Additionally, the asset is within close proximity to Santa Rosa Memorial Park and Franklin Park, two of the most scenic urban environments in all of Santa Rosa. When it comes to walking/running with ones dog, it is hard to find a better place to let them roam than the two highlighted parks. Moreover, the site is within close proximity to a variety of national/credit tenants including Target, T.J. Maxx, Ross Dress for Less, CVS Pharmacy, Walgreens, and more, increasing consumer draw to the immediate trade area and promoting crossover store exposure for the site. The 5-mile trade area is supported by nearly 189,000 residents and 80,000 daytime employees. Residents within 1 mile of the subject property boast an affluent average household income of $105,000.

Contact Broker

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Nassau Veterinary Clinic
Nassau, NY

Nassau Veterinary Clinic

3930 U.S. Route 20, Nassau, New York 12123

Investment Highlights

Contact Broker

Brian Wine

brian@thewinegroupre.com
D: (323) 609-4405

Description

The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, freestanding, Community Veterinary Partners (Nassau Veterinary Clinic) investment property located in Nassau, New York. The tenant, CVP Operations NY, LLC, has over 7 years of lease term remaining with 2 (5-year) options to extend. The lease features rare 2% annual rental increases throughout the initial term and each option period, steadily growing NOI and hedging against inflation. The lease is NNN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Founded in 2009, CVP provides operational support to 50 hospitals in 10 states, allowing veterinarians to focus on practicing medicine.

Location

Community Veterinary Partners (Nassau Veterinary Clinic) is located just off U.S. Highway 20, a primary commuter thoroughfare for the trade area averaging 103,300 vehicles passing by daily. The property benefits from excellent visibility via significant street frontage and a large monument sign. The sire is within close proximity to on/off ramp access to Interstate 90 (26,700 vehicles per day), a major east/west highway that serves as a gateway to major markets throughout the Northern United States. Additionally, the asset is 1.5 miles southeast of a brand-new, $100 million Amazon Distribution Center. Sitting on 115 acres, the new development features a 1.02 million SF Class A industrial facility that employs over 800 employees. Furthermore, there is extremely limited competition in the trade area with the asset being one of the only veterinary hospital options for the city of Nassau. The 5-mile trade area is supported by more than 18,700 residents and 4,700 daytime employees with an affluent average household income of $103,280.

Contact Broker

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Crawford Dog & Cat Hospital
Garden City, NY

Crawford Dog & Cat Hospital

2135 Jericho Turnpike, Garden City, New York 11040

Investment Highlights

Contact Broker

Brian Wine

brian@thewinegroupre.com
D: (323) 609-4405

Description

The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, freestanding, Crawford Dog and Cat Hospital investment property located in Garden City Park, New York. The tenant, Medical Management International, Inc., has approximately 9 years remaining in their initial term with 3 (5-year) options to extend. The lease features 2% annual rental increases throughout the initial term, steadily growing NOI and hedging against inflation. The lease is signed by the corporate entity and is NNN with landlord responsibilities limited to roof and structure, making it an ideal, low-management investment opportunity for a passive investor. Banfield is the largest privately owned veterinary practice in the United States, operating more than 1,000 clinics in the U.S., Mexico, and the United Kingdom.

Location

The subject property is strategically located along Jericho Turnpike, a major retail and commuter thoroughfare averaging 32,000 vehicles passing by daily. The site benefits from excellent visivility via significant street frontage and prominent signage across the building’s façade. Located within a major retail corridor, the asset is surrounded by several national/credit tenants including Burlington, Petco, Walgreens, Staples, CVS pharmacy, LA Fitness, McDonald’s, and more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. In addition, the vet hospital is situated less than 1 mile from Michael J. Tully Park and Tully Fog Park, two popular community parks with large amounts of grass area for pet-owners to walk/run with their dogs. The 5-mile trade area is supported by more than 6614,000 residents and 295,000 daytime employees. Residents within 1 mile of the subject property boast an affluent average household income of $173,000.

West Jefferson Animal HospitalWest Jefferson, OH

West Jefferson Animal Hospital

Investment Highlights

Contact Broker

Brian Wine

Description

Location

Contact Broker

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Allendale Veterinary Hospital Allendale, New Jersey

Allendale Veterinary Hospital

Investment Highlights

Contact Broker

Brian Wine

Description

Location

Contact Broker

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West Houston Veterinary Medical AssociatesHouston, TX

West Houston Veterinary Medical Associates

Investment Highlights

Contact Broker

Brian Wine

Description

Location

Contact Broker

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Forest Lake Animal Clinic

Investment Highlights

Contact Broker

Brian Wine

Description

Location

Contact Broker

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Veterinary Hospital Associates Pueblo, CO

Veterinary Hospital Associates

Investment Highlights

Contact Broker

Brian Wine

Description

Location

Contact Broker

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Cherokee Hospital for Animals

Investment Highlights

Contact Broker

Brian Wine

West Jefferson Animal Hospital
West Jefferson, OH

Allendale Veterinary Hospital
Allendale, New Jersey

West Houston Veterinary Medical Associates
Houston, TX

Forest Lake Animal Clinic
Seabrook, TX

Veterinary Hospital Associates
Pueblo, CO

Santa Rosa Veterinary Hospital
Santa Rosa, CA

Nassau Veterinary Clinic
Nassau, NY

Crawford Dog & Cat Hospital
Garden City, NY