Village East Animal Hospital
The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN, recently renovated, Village East Animal Hospital investment property located in Evansville, Indiana. The tenant, NVA Village East Animal Hospital, Inc., recently executed a 7-year lease extension providing for an initial term through October 2027 with 2 (5-year) options to extend, demonstrating their strong commitment to the site. The lease features annual CPI-based rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation. The lease is NNN with landlord responsibilities limited to roof and structure, making it an ideal, low-management investment opportunity for a passive investor.