West Gate Veterinary Hospital
The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN, corporate guaranteed veterinary hospital property located in Enterprise, Alabama. The corporate tenant recently executed a 10-year lease extension providing for an initial term through October 2030 with 2 (5-year) options to extend, demonstrating their strong commitment to the site. The lease features 1.5% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation. The lease is NNN with minimal landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. With more than 330 general, specialty, and emergency hospitals, PetVet Care Centers is a nationwide veterinary network with a solid commitment to pets and their owners in every community they serve.