NVA - Vienna Animal Hospital
- Price: $2,112,000
- Cap Rate: 7.00%
- Years Remaining: 2
- Rentable Area: 3,520 SF
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NVA - Vienna Animal Hospital
Vienna, VA
Investment Highlights
- Sales Price: $2,112,000
- Cap Rate: 7.00%
- Years Remaining: 2
- Lot Size: 0.04 Acres
- Market: Vienna, VA
Contact Broker
Brian Wine
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, Vienna Animal Hospital investment property located in Vienna, Virginia. The Tenant, NVA, has over 2 years remaining in their current term with two 5-year options to extend. The lease features annual CPI increases. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. NVA is the largest private owner of freestanding veterinary hospitals. NVA owns more than 1,000 veterinary hospitals and pet resorts in the United States, Canada, Australia, New Zealand and Singapore.
Location
Vienna Animal Hospital is strategically located on Maple Avenue W. The site benefits from superior visibility via significant street frontage and a monument sign situated at the intersection of Maple Avenue W and Nutley Street. It shares this busy Vienna area with businesses like Dunkin’, Bank of America, Cava, F45, and Chick-Fil-A. The location benefits from the frequent street traffic of Maple Avenue W, which sees 22,088 vehicles daily. The 5-mile trade area is supported by a population of 278,893 and 251,226 daytime employees. Those within 1-mile of the subject property boast an affluent average household income of $306,113.
