VetCor - Madera Veterinary Center
Madera, CA

VetCor - Madera Veterinary Center

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, Madera VeterinaryCenter investment property located in Madera, California. The Tenant, VetCor, has 2.5 years remaining in their initial term with three 5-year options to extend. The lease features annual rental increases of 2%. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Established in 1997, Vetcor has constructed a community-centric veterinary services company that supports over 845 practices across the United States and Canada.

Location

Madera Veterinary Center is strategically located on Schnoor Avenue. The site benefits from superior visibility via significant street frontage and a facade sign situated along Schnoor Avenue. It shares this busy Madera area with businesses like Home Depot and Starbucks. The location benefits from the frequent street traffic of Avenue 16, which sees 7,288 vehicles daily. The 5-mile trade area is supported by a population of 87,633 and 17,815 daytime employees with an average household income of $90,345.

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