Lakefield Veterinary Group - Animal Health Associates
Eugene, OR

Lakefield Veterinary Group - Animal Health

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, Animal Health Associates investment property located in Eugene, OR. The Tenant, Lakefield Veterinary Group, has over 11 years remaining in their initial term with 2 (two) 10-year options to extend. The lease features annual increases of 1.5%. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Lakefield Veterinary Group is a family-owned company that specializes in building communities of like-minded veterinarians. They recognize the significant effort and dedication that veterinarians put into establishing their own practices – veterinary hospitals defined by personal care, a unique culture, and a commitment to the local community. At Lakefield Veterinary Group, they understand that this legacy holds immense value.

Location

Animal Health Associates is strategically located on Willamette Street. The site benefits from superior visibility via significant street frontage and a plyon sign situated along Willamette Street. It shares this busy Eugene area with businesses like Chase Bank, Starbucks, Rite Aid, and PetSmart. The location benefits from the frequent street traffic of Willamette Street, which sees 10,634 vehicles daily. The 5-mile trade area is supported by a population of 182,388 and 90,813 daytime employees with an average household income of $95,308.

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