The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NNN leased, freestanding, Abel Pet Clinic investment property located in Elk Grove, California. The Tenant, Western Veterinary Partners, has over 4 years remaining in their initial term with 2 (two) 5-year options to extend. The lease features flat rental increases of 5% every 5 years. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Western Veterinary Partners acquires and supports veterinary practices and animal hospitals with the non-clinical business challenges they face by providing industry proven non-clinical administrative support services.
The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NNN leased, freestanding, Abel Pet Clinic investment property located in Elk Grove, California. The Tenant, Western Veterinary Partners, has over 4 years remaining in their initial term with 2 (two) 5-year options to extend. The lease features flat rental increases of 5% every 5 years. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Western Veterinary Partners acquires and supports veterinary practices and animal hospitals with the non-clinical business challenges they face by providing industry proven non-clinical administrative support services.