PetVet - St Francis Veterinary Hospital
Lafayette, LA

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PetVet - St Francis 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, St. Francis Veterinary Hospital investment property located in Lafayette, Louisiana. The Tenant, PetVet Care Centers, has over 6 years remaining in their initial term with 2 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. With more than 450 locally-led General Practice, Speciality, Emergency, and Equine hospitals, PetVet Care Centers offers outstanding care across the country. 

Location

St. Francis Veterinary Hospital is strategically located on Beadle Road. The site benefits from superior visibility via significant street frontage and a monument sign situated along Beadle Road. It shares this Layafette area with businesses like Walmart, Dollar General and Dollar Tree. The location benefits from the frequent street traffic of Kaliste Salloom Road, which sees 34,736 vehicles daily. The 5-mile trade area is supported by a population of 143,025 and 100,903 daytime employees with an average household income of $102,391.

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