VetCor - Wright's Corners Animal Care Center
Lockport, NY

VetCor - Wright's Corners Animal Care 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 NN leased, freestanding, Wright’s Corners Animal Care Center investment property located in Lockport, New . 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.

Location

Wright’s Corners Animal Care Center is strategically located on Lake Avenue. The site benefits from superior visibility via significant street frontage and a monument sign situated along Lake Avenue. It shares this busy Lockport area with businesses like McDonalds, Dollar General, Family Dollar, Rite Aid. The location benefits from the frequent street traffic of Lake Avenue, which sees 8,531 vehicles daily. The 5-mile trade area is supported by a population of 36,319 and 12,885 daytime employees with an average household income of $76,905.

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