BluePearl Pet Hospital

BluePearl Pet Hospital
Jacksonville, FL

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BluePearl Pet Hospital

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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, Blue Pearl Pet Hospital investment property located in Jacksonville, Florida. The Tenant, Blue Pearl, 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 NNN net with limited landlord responsibilities of repairs and maintenance, making it an ideal, low-management investment opportunity for a passive investor. Blue Pearl has hospitals all over the country and is committed to providing the communities they serve with comprehensive, compassionate veterinary care.

Location

Blue Pearl is strategically located on Southside Service Road. The site benefits from superior visibility via significant street frontage. It shares this busy Jacksonville area with businesses like Walmart, Whataburger, Harbor Freight Tools, and Family Dollar. The location benefits from the frequent street traffic of Southside Service Road, which seesĀ  1,719 vehicles daily and Southside Boulevard, which sees over 19,000 Southbound and 22,000 Northbound daily vehicles. The 5-mile trade area is supported by a population of 224,718 and 161,439 daytime employees with an average household income of $67,606.

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    BluePearl Pet Hospital

    BluePearl Pet Hospital
    Orange Park, FL

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    BluePearl Pet 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 NN leased, freestanding, Blue Pearl Pet Hospital investment property located in Orange Park, Florida. The Tenant, Blue Pearl, has 6 years remaining in their initial term with 2 5-Year options to extend. The lease features annual increases of 2%. The lease is a NN net with limited landlord responsibilities of roof, structure, insurance, and real estate taxes, making it an ideal, low-management investment opportunity for a passive investor. Blue Pearl has hospitals all over the country and is committed to providing the communities they serve with comprehensive, compassionate veterinary care.

    Location

    Blue Pearl Pet Hospital is strategically located on Corporate Way. The site benefits from superior visibility via significant street frontage and a monument sign situated along Corporate Way. It shares this busy Orange Park area with businesses like Harley Davidson, BMW, NAPA Auto Parts, Holiday Inn, and Courtyard Marriott. The location benefits from the frequent street traffic of Wells Road, which sees 23,306 vehicles daily. The 5-mile trade area is supported by a population of 120,135 and 44,336 daytime employees with an average household income of $81,546.

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      Bonita Veterinary Hospital

      UVC - Bonita Veterinary Hospital
      Bonita Springs, FL

      UVC - Bonita Veterinary Hospital

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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, Bonita Veterinary Hospital investment property located in Bonita Springs, Florida. The Tenant, United Veterinary Care, has 10 years remaining in their initial term with 2 5-Year options to extend. The lease features 3% annual increases. The lease is a triple net with limited landlord responsibilities of roof, structure, and HVAC, making it an ideal, low-management investment opportunity for a passive investor. United Veterinary Care was founded in 2019 with a mission to take care of the people who take care of animals and now have 103 locations in 22 states.

      Location

      Bonita Veterinary Hospital is strategically located on Bonita Beach Road. The site benefits from superior visibility via significant street frontage. It shares this busy Bonita Springs area with businesses like McDonalds, Homegoods, Ace Hardware, and Mitsubishi. The location benefits from the frequent street traffic on Bonita Beach Road, which sees over 27,500 vehicles daily. The 5-mile trade area is supported by a population of 81,205 and 42,835 daytime employees with an average household income of $125,816.

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        Miami Animal Hospital

        Miami Animal Hospital
        Coral Gables, FL

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        Miami Animal Hospital

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        Description

        The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, corporate signed, investment grade, Miami Animal Hospital investment property located in Coral Gables, Florida (Miami MSA). The tenant, Southern Veterinary Partners, LLC, has over 13 years remaining in their initial term with 1 (5-year) option to extend, demonstrating their commitment to the site. The lease features 3% annual rental increases throughout the initial term and option period, steadily growing NOI and hedging against inflation. The lease is signed by Southern Veterinary Partners, LLC and is NNN with landlord responsibilities limited to roof and structure, making it an ideal, low-management investment opportunity for a passive investor.

        Location

        Miami Animal Hospital is strategically located at the signalized, hard corner intersection of W 47th Avenue and W Flagler Street, averaging more than 42,000 vehicles passing by daily. The site benefits from excellent visibility via significant street frontage and a large pylon sign along W Flagler Street. The asset is positioned less than 1 mile from the on/off ramps to State Highway 836 (214,000 VPD), the primary east/west freeway traveling through the Miami metropolitan area. Further, the subject property is ideally situated in the heart of a dense neighborhood and is nearby to Charlie DeLucca Park, a popular community park with a large grass area perfect for pet-owners to walk/run their dogs. In addition, Miami Animal Hospital is surrounded by a variety of national/credit tenants including Target, The Home Depot, Walmart Neighborhood Market, Burlington, Ross Dress for Less, Office Depot, Dollar Tree, CVS Pharmacy, and more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. Moreover, Miami International Airport (18.7 million annual passengers) is located just 3.5 miles north of the subject property, further increasing exposure for the asset. Miami International is America’s third-busiest airport for international passengers and is a leading economic engine for the state of Florida, generating business revenue of $31.9 billion annually. The 5-mile trade area is supported by nearly 613,000 residents and 396,000 daytime employees with an average household income of $72,000.

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          VCA Bayonet Pointe Animal Hospital

          VCA Bayonet Point Animal Hospital Port Richey, FL

          VCA

          VCA Bayonet Point Animal Hospital

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          Description

          The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, corporate guaranteed, freestanding, VCA Bayonet Point Animal Hospital investment property located in Port Richey, Florida. The tenant has more than 5 years remaining on their 10-year lease extension with 1 (5-year) option to extend. The lease features rare 3% annual rental increases throughout the initial term, steadily growing NOI and hedging against inflation. The subject property recently underwent significant renovations including roof replacement, new exterior pain, and HVAC repairs. The lease is corporate guaranteed and is NNN with landlord responsibilities limited to liability insurance, HVAC replacement, electrical, and roof/structure repairs, making it an ideal, low-management investment opportunity for a passive investor. Headquartered in Los Angeles, California, VCA Animal Hospitals have 6,000+ compassionate veterinarians, more than 600 board-certified specialists, and 1,000+ animal hospitals across 46 states and 5 Canadian provinces.

          Location

          VCA Bayonet Point Animal Hospital is located off State Road 52 and near US Highway 19, a primary retail and commuter thoroughfare serving the immediate trade area. US Highway 19 averages more than 57,000 vehicles passing by daily. The property offers ample parking of over 6 spaces per 1,000 SF with multiple points of access. Bayonet Point of Port Richey has more than 10,000 households, providing a direct consumer base from which to choose from. The 5-mile trade area is supported by more than 103,000 residents and 29,000 employees with an average household income of $53,938.

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            AVS Equine Hospital

            AVS Equine Hospital
            Tallahassee, Florida

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            AVS Equine Hospital

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            Description

            The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, corporate guaranteed, NVA AVS Equine Hospital investment property located in Tallahassee, Florida. The tenant, NVA AVS Equine Veterinary Management, LP, has over 13 years remaining in their initial term with 2 (5-year) options to extend. The lease features annual CPI-based or 2.5% (whichever is greater) rental increases throughout the initial term and each option period, steadily growing NOI and hedging against inflation. The lease is corporate guaranteed by National Veterinary Associates, Inc. and is absolute NNN with zero landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. NVA (National Veterinary Associates) is a nationally recognized brand and operates more than 1,000 animal hospitals worldwide. Built in 2005, the state-of-the-art facility sits on a 16.37-acre lot and features a 26,000 SF hospital building as well as 3 live-in apartment units.

            Location

            NVA AVS Equine Hospital is located just off State Highway 142, a primary commuter thoroughfare for the trade area averaging 11,600 vehicles passing by daily. Additionally, the site is within close proximity to the community of Bradfordville, FL, a major retail hub for the trade area that features numerous national/credit tenants including Walmart Supercenter, Target, Publix, Ace Hardware, Goodwill, Chick-fil-A, and more. Furthermore, there is very limited competition in the surrounding region, with the asset being one of the only full-service equine hospital options that also deals with complex cases. The next closest facilities are University of Florida, Auburn University, and University of Georgia. The 10-mile trade area is supported by more than 51,600 residents and 8,000 daytime employees. Residents within 1 mile of the subject property boast an affluent average household income of $139,900.

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              Animal Care Exraordinaire

              PetVet Care Centers – Animal Care Extraordinaire

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              Pet Vet Care Centers – Animal Care Extraordinaire

              987 SE Monterey Road Stuart, Florida 34994

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                Tri-County Animal Hospital

                Tri-County Animal Hospital
                Fort Pierce, Florida

                VCA – Tri-County Animal Hospital

                1811 Okeechobee Road, Fort Pierce, Florida 34950

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