PetVet - Palm Beach Equine Clinic
Wellington, FL

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PetVet - Palm Beach Equine

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, Palm Beach Equine Clinic investment property located in Wellington, Florida. The Tenant, PetVet Care Centers, has over 5 years remaining in their initial term with 2 (two) 5-year  options to extend. The lease features annual 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. With more than 450 locally-led General Practice, Speciality, Emergency, and Equine hospitals, PetVet Care Centers offers outstanding care across the country. They maintain each hospital’s unique identity and control of medical decisions, upholding the promises made to their communities.

Location

Palm Beach Equine Clinic is strategically located on Southfields Road. The site benefits from superior visibility via significant street frontage and a monument sign situated along Southfields Road. It shares this busy Wellington area with businesses like Publix, Lowe’s, Walmart, CVS Pharmacy, and Apple. The location benefits from the frequent street traffic of Pierson Road, which sees 4,560 vehicles daily. The 5-mile trade area is supported by a population of 104,628 and 48,084 daytime employees with an average household income of $121,360

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