VPP - Highlands-Eldorado Veterinary Hospital
McKinney, TX

VPP - Highlands-Eldorado Veterinary Hospital

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, Highlands-Eldorado Veterinary Hospital investment property located in McKinney, Texas. The Tenant, Veterinary Practice Partners, has over 5 years remaining in their initial term with 2 (two) 5-year options to extend. The lease features annual rental increase of 2.5%. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Veterinary Practice Partners (VPP) is a leading provider of veterinary care services to pets across the United States. With a network of more than 126 animal hospitals across 27 states, VPP is committed to providing high-quality veterinary care to animals and their families.

Location

Highlands-Eldorado Veterinary Hospital is strategically located on Highlands Drive. The site benefits from superior visibility via significant street frontage and a monument sign situated along Highlands Drive. It shares this busy McKinney area with businesses like Kroger, Kohls , CVS, and Trader Joe’s. The location benefits from the frequent street traffic of Eldorado Parkway, which sees 23,931 vehicles daily. The 1-mile trade area is supported by a population of 18,168 and 4,009 daytime employees with an average household income of $134,433.

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