VetCor - Ridge Animal Hospital
The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NN leased, freestanding, Ridge Animal Hospital investment property located in Middleport, New York. The Tenant, VetCor, has over 2 years remaining in their initial term with three (3) 5-year options to extend. The lease features annual increases of 2%. The lease is NN with landlord responsibilities limited to structure, roof, foundation, walls HVAC & septic replacement, making it an ideal, low-management investment opportunity for a passive investor. Since 1997, VetCor has built a helpful, enjoyable, community-oriented veterinary care network of 442 exceptional practices across 34 states.
Ridge Animal Hospital is strategically located on Stone Road. The site benefits from superior visibility via significant street frontage and a monument sign situated along Stone Road. It shares the Middleport area with businesses like Dollar General and Mobil. The 5-mile trade area is supported by a population of 12,427 and 3,870 daytime employees with an average household income of $75,103.