The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in two animal hospitals and one parcel of land located in Kansas City, Missouri. The tenants, Amity Woods Animal Hospital & Shoal Creek Animal Hospital have recently executed a brand new 7-year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. Each lease featured a 10% rental increase in October 2023 and beginning of each option to extend, boosting NOI and against inflation. Both leases are NN with landlord responsibilities limited to exterior walls, foundation roof, structure, parking lot, sidewalks, utility systems, and HVAC (non-routine maintenance). The Shoal Creek offering includes the adjacent parcel of land ($522,720), providing incentive for future development.

Approximately 11.38 million U.S. households have gotten a new pet during the COVID-19 pandemic. Veterinary Hospitals are highly desirable investments because of economic  downturn resistance and continuous demand for animal care.