Suveto - Cheyenne Mountain Animal Hospital
Colorado Springs, CO
The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NNN leased, freestanding, Cheyenne Mountain Animal Hospital investment property located in Colorado Springs, Colorado. The Tenant, Suveto, has over 8 years remaining in their initial term with three (3) 5-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. Suveto’s mission is to create innovative software products that simplify veterinary practice management and improve the quality of patient care.
Cheyenne Mountain Animal Hospital is strategically located on South 8th Street. The site benefits from superior visibility via significant street frontage and a pylon sign situated along South 8th Street. It shares this busy Colorado Springs area with businesses like Dollar General, Walgreens, Starbucks, and Home Depot. The location benefits from the frequent street traffic of South 8th Street, which sees 10,367 vehicles daily. The 5-mile trade area is supported by a population of 170,091 and 100,244 daytime employees with an average household income of $86,335.