Prairie Village Pet Hospital

CareVet - Prairie Village Pet Hospital
Eden Prairie, MN

CareVet - Prairie Village Pet Hospital

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Description

The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NNN leased, freestanding, Prairie Village Pet Hospital investment property located in Eden Prairie, Minnesota. The Tenant, CareVet, has over 2 years remaining in their initial term with 4 (four) 5-year options to extend. The lease features annual rental increases of 2%. The lease is triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Founded in 2018, CareVet is an established network of veterinary hospitals with over 100 practices across 30 states.

Location

Prairie Village Pet Hospital is strategically located on Terrey Pine Court. The site benefits from superior visibility via significant street frontage and a monument sign situated along Terrey Pine Court. It shares this busy Eden Prairie area with businesses like Walgreens, Starbucks, and Subway. The location benefits from the frequent street traffic of Eden Prairie Road, which sees 11,643 vehicles daily. The 5-mile trade area is supported by a population of 132,285 and 109,503 daytime employees with an average household income of $184,989.

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    Johns Creek Veterinary Clinic

    PetVet - Johns Creek Vet Clinic
    Johns Creek, GA

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    PetVet - Johns Creek Veterinary Clinic

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    Description

    The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NNN leased, freestanding, Johns Creek Veterinary Clinic investment property located in Johns Creek, Georgia. The Tenant, PetVet Care Centers, has 1.5 years remaining in their initial term with 2 3-year options to extend. The lease features annual rental increases of 3%. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. With more than 450 locally-led General Practice, Speciality, Emergency, and Equine hospitals, PetVet Care Centers offers outstanding care across the country.

    Location

    Johns Creek Veterinary Clinic is strategically located on Medlock Bridge Road. The site benefits from superior visibility via significant street frontage and a monument sign situated along Medlock Bridge Road. It shares this busy Johns Creek area with businesses like Target, Publix, Home Depot, and Whole Foods. The location benefits from the frequent street traffic of Medlock Bridge Road, which sees 40,148 vehicles daily. The 5-mile trade area is supported by a population of 202,909 and 98,259 daytime employees with an average household income of $191,237.

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      Allentown Animal Clinic

      CVP - Allentown Animal Clinic
      Allentown, PA

      Community-Veterinary-Partners-Logo

      CVP - Allentown Animal Clinic

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      Description

      The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NNN leased, freestanding, Allentown Animal Clinic investment property located in Allentown, Pennsylvania. The Tenant, Community Veterinary Partners, has over 4 years remaining in their initial term with 3 5-Year options to extend. The lease features annual rental increases of 2%. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Today, Community Veterinary Partners has a collective of over 3,000 unique veterinary care providers dedicated to bringing joy to families through their unwavering care for beloved pets. The mission of this collective is to spread happiness among families by offering the highest quality care to their cherished pets.

      Location

      Allentown Animal Clinic is strategically located on Walbert Avenue. The site benefits from superior visibility via significant street frontage and a pylon sign situated along Walbert Avenue. It shares this busy Allentown area with businesses like Target, Starbucks and Dunkin’. The location benefits from the frequent street traffic of Walbert Avenue, which sees 8,737 vehicles daily. The 5-mile trade area is supported by a population of 227,059 and 96,948 daytime employees with an average household income of $95,806.

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        VCA White Rose Animal Hospital

        VCA - White Rose Animal Hospital
        York, PA

        VCA

        VCA - White Rose Animal Hospital

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        Description

        The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NNN leased, freestanding, VCA White Rose Animal Hospital investment property located in York, PA. The Tenant, VCA, has over 5 years remaining in their extended term with 2 5-year options to extend. The lease features annual rental increases of 2%. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Founded in 1986, VCA is a family of animal hospitals dedicated to creating a positive impact for pets, people, and communities. They prioritize the well-being of every pet, extending their care beyond the hospitals they operate. Each hospital takes pride in its history of excellence and its close ties to local communities. In 2017, VCA became part of the Mars family, joining forces to shape the future of veterinary care.

        Location

        VCA White Rose Animal Hospital is strategically located on South Queen Street. The site benefits from superior visibility via significant street frontage and a monument, pylon, and facade signs situated along South Queen Street. It shares this busy York area with businesses like Dunkin’, Starbucks, CVS Pharmacy, and Walgreens. The location benefits from the frequent street traffic of South Queen Street, which sees 11,440 vehicles daily. The 5-mile trade area is supported by a population of 153,378 and 71,067 daytime employees with an average household income of $94,645.

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          Village East Animal Hospital

          NVA - Village East Animal Hospital
          Evansville, IN

          nva-logo

          NVA - Village East Animal Hospital

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          Description

          The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NNN leased, freestanding, Village East Animal Hospital investment property located in Evansville, Indiana. The Tenant, NVA, has less than 2 years remaining in their extended term with two (2) 5-year options to extend. The lease features annual CPI-based rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. NVA is the largest private owner of freestanding veterinary hospitals. NVA owns more than 1,000 veterinary hospitals and pet resorts in the United States, Canada, Australia, New Zealand and Singapore.

          Location

          Village East Animal Hospital is strategically located on South Green River Road. The site benefits from superior visibility via significant street frontage and a large pylon sign situated along South Green River Road. It shares this busy Evansville area with businesses like The Home Depot, Target, Macy’s, Michaels, Kohl’s, and Walgreens. The location benefits from the frequent street traffic of South Green River Road, which sees 20,158 vehicles daily. The 5-mile trade area is supported by a population of 108,116 and 75,601 daytime employees with an average household income of $83,697.

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            Clover Farm Veterinary Service

            Heart + Paw - Clover Farm Vet Services
            Fredericktown, PA

            Heart + Paw - Clover Farm Veterinary Services

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            Description

            The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NNN leased, freestanding, Clover Farm  Veterinary Service investment property located in Fredericktown, Pennsylvania. The Tenant, Heart + Paw, has over 3 years remaining in their initial term with 2 (5-year) options to extend. The lease features annual rental increases of 2%. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Heart + Paw was founded in 2018 by Chief Veterinary Officer Dr. George Melillo, who currently serves the Mid-Atlantic area. Heart + Paw offers a combination of veterinary care, pet grooming, and dog daycare to help be a resource in your pet parenthood journey.

            Location

            Clover Farm Veterinary Service is strategically located on US-40. The site benefits from superior visibility via significant street frontage and a pylon sign situated along US-40. It shares this busy Fredricktown area with businesses like CVS Pharmacy, Dollar General and Walmart. The location benefits from the frequent street traffic of US-40, which sees 5,615 vehicles daily. The 5-mile trade area is supported by a population of 15,396 and 2,767 daytime employees with an average household income of $77,287.

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              Willow Ridge Animal Hospital

              CareVet - Willow Ridge Animal Hospital
              Loves Park, IL

              CareVet - Willow Ridge Animal Hospital

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              Description

              The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN, corporate signed, freestanding Willow Ridge Animal Hospital investment property located in Loves Park, Illinois. The tenant, CareVet LLC, has approximately 14.5 years remaining on the current lease, demonstrating their commitment to the site. The lease features a 3% annual rental increases, 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 2018, CareVet is an established network of veterinary hospitals with over 100 practices across 30 states.

              Location

              Willow Ridge Animal Hospital is strategically located along N. Perryville Rd, which averages 15,805 vehicles passing by daily. The asset profits from direct on/off ramp access to US Highway 51, a major thoroughfare serving the region (66,000 VPD). In addition, the site benefits from excellent visibility via significant street frontage and a large monument sign along N. Perryville Rd, as well as multiple points of ingress/egress. Furthermore, the building is ideally situated in proximity to a local retail corridor consisting of national/credit tenants such as Costco Wholesale, Walmart Supercenter, O’Reilly Auto Parts, Walgreens, CVS Pharmacy, and more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site. The 5-Mile Trade area is supported by 101,340 residents and 46,514 employees, providing a steady, consistent consumer base from which to draw. Residents within 1 mile of the subject property boast a healthy average household income of $96,955.

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                Nickerson Animal Health Center

                NVA - Nickerson Animal Health Center
                Benton Harbor, MI

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                NVA - Nickerson Animal Health Center

                Investment Highlights

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                Description

                The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NNN leased, freestanding, Nickerson Animal
                Health Center investment property located in Benton Harbor, Michigan. The Tenant, NVA, has over 5 years remaining in their initial term with 2 5-year options

                to extend. The lease features annual rental increases of 2%. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management

                investment opportunity for a passive investor. NVA is the largest private owner of freestanding veterinary hospitals. NVA owns more than 1,000 veterinary hospitals

                and pet resorts in the United States, Canada, Australia, New Zealand and Singapore

                Location

                Nickerson Animal Health Center is strategically located on Nickerson Avenue. The site benefits from superior visibility via significant street frontage and a monument
                sign situated along Nickerson Avenue. It shares this busy Benton Harbor area with businesses like Dunkin, Walmart, and Best Buy. The location benefits from

                the frequent street traffic of Nickerson Avenue, which sees 9,888 vehicles daily. The 5-mile trade area is supported by a population of 53,836 and 25,554 daytime

                employees with an average household income of $97,336.

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                  VCA – Merrimac Animal Hospital

                  VCA - Merrimac Animal Hospital
                  Williamsburg, VA

                  VCA

                  VCA - Merrimac Animal Hospital

                  Investment Highlights

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                  Description

                  The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased VCA Merrimac Animal Hospital investment property located in Williamsburg, VA. The tenant, VCA Animal Hospitals, Inc., executed a 5-year lease extension in April 2024, providing roughly 5 years of firm term remaining and demonstrating their commitment to the site. The lease is NN with minimal landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor.  With a network of over 1,000 animal hospitals, VCA offers a wide range of services to meet the diverse needs of pets and has established itself as a trusted name in the animal healthcare industry.

                  Location

                  The subject property is strategically located near the signalized, hard corner intersection of Penniman Road and Merriman Trail, averaging a combined 12,500 vehicles passing by daily. The asset benefits from nearby direct on/off ramp access to State Highway 199 (31,000 vehicles per day), a thoroughfare that connects directly with Interstate 64 (85,000 vehicles per day), a major east/west commuter highway traveling through Virginia. The building is equipped with a large monument sign, creating excellent visibility along Penniman Road, while also complete with an enclosed outdoor area for the tenant’s pet boarding service. Additionally, the sire is ideally situated near Quarterpath Park, Bassat Trace Natural Trail, and Redoubt Park, popular scenic attractions with large grass areas perfect for pet owners to walk/run their dogs. Moreover, VCA Merriman Animal Hospital is just 2 miles northwest of The Marquis Shopping Mall, a power center anchored by Target, Dick’s Sporting Goods, and Best Buy. The 5-mile trade area is supported by more than 52,000 residents and 43,000 daytime employees with an affluent average household income of $110,470.

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