Heart + Paw

Heart + Paw - Richeyville, PA

Heart + Paw - Richeyville, PA

3132 National Pike, Richeyville, PA 15358

Investment Highlights

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Highlights

New Location For the tenant | Annual Rental Increases | Reputable Operator

  • New 10 year lease will commence at the close of escrow
  • The lease features flat annual rental increases of 3%
  • This is a relocation of an established very profitable practice that is less than 1 mile away and the business is partially owned by the local veterinarian which provides stability and minimizes risk of the investment

 

Excellent Visibility | Located Off National Pike | Located Along Major Thoroughfare

  • Superior street visibility via significant street frontage and a large monument sign situated along National Pike
  • Strategically located off of National Pike, which averages 4,767 vehicles passing by daily

 

Strong Demographics In 5-mile Trade Area | High Barriers To Entry Submarket

  • More than 16,159 residents and over 3,133 employees support the 5-mile trade area
  • Those within 1-mile of the subject property boast an average household income of $95,176
  • Populated business thoroughfare shared with CVS Pharmacy, Dollar General and Dairy Queen

 

Zero Landlord Responsibilities | Corporate Guarantee

  • Absolute NNN lease with zero landlord responsibilities
  • Corporate Guarantee with ±29 locations
  • Ideal, low-management for a passive investor

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    Shippensburg Animal Hospital

    CVP - Shippensburg Animal Hospital - Shippensburg, PA

    Community-Veterinary-Partners-Logo

    CVP - Shippensburg Animal 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, Shippensburg Animal Hospital investment property located in Shippensburg, PA. The Tenant, Community Veterinary Partners, has over 1 years remaining in their initial term with 2 (two) 5-year options to extend. The lease features increase per option period. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Community Veterinary Partners has a collective of over 3,000 unique veterinary care providers dedicated to bringing joy to families through their unwavering care for beloved pets.

    Location

    Shippensburg Animal Hospital is strategically located on Walnut Bottom Road. The site benefits from superior visibility via significant street frontage and a pylon sign situated along Walnut Bottom Road. It shares this busy Shippensburg area with businesses like Subway, Wendys, Burger King, Taco Bell, and Dunkin’. The location benefits from the frequent street traffic of Walnut Bottom Road, which sees 12,529 vehicles daily. The 5-mile trade area is supported by a population of 28,963 and 7,207 daytime employees with an average household income of $96,330.

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      Straley Veterinary Clinic

      CareVet - Straley Veterinary Clinic
      Bellefonte, PA

      CareVet - Straley Vet Clinic

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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, Straley Veterinary Clinic investment property located in Bellefonte, Pennsylvania. The Tenant, CareVet, has over 4 years remaining in their extended term with 2 (two) 5-year options to extend. The lease features increases for each option period. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Founded in 2018, CareVet is an established network of veterinary hospitals with over 100 practices across 30 states. CareVet recently announced that they are investing $75 million in its facilities in the next five years.

      Location

      Straley Veterinary Clinic is strategically located on Zion Road. The site benefits from superior visibility via significant street frontage and a monument sign situated along Zion Road. It shares this busy Bellefonte area with businesses like Starbucks, Wendy’s, and Burger King. The location benefits from the frequent street traffic of Zion Road, which sees 3,985 vehicles daily. The 5-mile trade area is supported by a population of 24,062 and 7,523 daytime employees with an average household income of $99,801.

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        Allentown Animal Clinic

        CVP - Allentown Animal Clinic
        Allentown, PA

        Community-Veterinary-Partners-Logo

        CVP - Allentown Animal Clinic

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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, Allentown Animal Clinic investment property located in Allentown, Pennsylvania. The Tenant, Community Veterinary Partners, has 3 years remaining in their initial term with 3 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. Today, Community Veterinary Partners has a collective of over 3,000 unique veterinary care providers dedicated to bringing joy to families through their unwavering care for beloved pets. The mission of this collective is to spread happiness among families by offering the highest quality care to their cherished pets.

        Location

        Allentown Animal Clinic is strategically located on Walbert Avenue. The site benefits from superior visibility via significant street frontage and a pylon sign situated along Walbert Avenue. It shares this busy Allentown area with businesses like Target, Starbucks and Dunkin’. The location benefits from the frequent street traffic of Walbert Avenue, which sees 8,737 vehicles daily. The 5-mile trade area is supported by a population of 227,059 and 96,948 daytime employees with an average household income of $95,806.

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          Animal Hospital of Rye

          VetCor - Animal Hospital of Rye
          Marysville, PA

          VetCor - Animal Hospital of Rye

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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, Animal Hospital of Rye investment property located in Marysville, Pennsylvania. The Tenant, VetCor, has over 4 years remaining in their initial term with 3 (three) 5-year options to extend. The lease features annual 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. Established in 1997, Vetcor has constructed a community-centric veterinary services company that supports over 845 practices across the United States and Canada.

          Location

          Animal Hospital of Rye is strategically located on Valley Road. The site benefits from superior visibility via significant street frontage and a pylon sign situated along Valley Road. It shares this busy Marysville area with businesses like Dollar General, Weis, RiteAid, and Starbucks. The location benefits from the frequent street traffic of Valley Road, which sees 1,907 vehicles daily. The 5-mile trade area is supported by a population of 17,463 and 6,485 daytime employees with an average household income of $110,590.

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            Monroeville Pet Hospital

            Community Veterinary Partners
            Monroeville Pet Hospital
            Monroeville, PA

            Community-Veterinary-Partners-Logo

            CVP - Monroeville 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, Monroeville Pet Hospital investment property located in Monroeville, PA. The Tenant, Community Veterinary Partners, has over 7 years remaining in their initial term with 3 5-Year options to extend. The lease features annual rent increases of 3%. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Today, Community Veterinary Partners has a collective of over 3,000 unique veterinary care providers dedicated to bringing joy to families through their unwavering care for beloved pets. The mission of this collective is to spread happiness among families by offering the highest quality care to their cherished pets.

            Location

            Monroeville Pet Hospital is strategically located on Center Road. The site benefits from superior visibility via significant street frontage and a monument sign situated along Center Road. It shares this busy Monroeville area with businesses like Target, Petco, Lowe’s and OfficeMax. The location benefits from the frequent street traffic of Center Road, which sees 11,132 vehicles daily. The 5-mile trade area is supported by a population of 132,682 and 52,744 daytime employees with an average household income of $102,898.

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              Graniteville House of Recovery

              Graniteville House of Recovery
              Sweet Valley, PA

              Graniteville House of Recovery

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                Allentown Animal Clinic

                CVP - Allentown Animal Clinic
                Allentown, PA

                Community-Veterinary-Partners-Logo

                CVP - Allentown Animal Clinic

                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, Allentown Animal Clinic investment property located in Allentown, Pennsylvania. The Tenant, Community Veterinary Partners, has over 4 years remaining in their initial term with 3 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. Today, Community Veterinary Partners has a collective of over 3,000 unique veterinary care providers dedicated to bringing joy to families through their unwavering care for beloved pets. The mission of this collective is to spread happiness among families by offering the highest quality care to their cherished pets.

                Location

                Allentown Animal Clinic is strategically located on Walbert Avenue. The site benefits from superior visibility via significant street frontage and a pylon sign situated along Walbert Avenue. It shares this busy Allentown area with businesses like Target, Starbucks and Dunkin’. The location benefits from the frequent street traffic of Walbert Avenue, which sees 8,737 vehicles daily. The 5-mile trade area is supported by a population of 227,059 and 96,948 daytime employees with an average household income of $95,806.

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                  VCA White Rose Animal Hospital

                  VCA - White Rose Animal Hospital
                  York, PA

                  VCA

                  VCA - White Rose Animal 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, VCA White Rose Animal Hospital investment property located in York, PA. The Tenant, VCA, has over 5 years remaining in their extended 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. Founded in 1986, VCA is a family of animal hospitals dedicated to creating a positive impact for pets, people, and communities. They prioritize the well-being of every pet, extending their care beyond the hospitals they operate. Each hospital takes pride in its history of excellence and its close ties to local communities. In 2017, VCA became part of the Mars family, joining forces to shape the future of veterinary care.

                  Location

                  VCA White Rose Animal Hospital is strategically located on South Queen Street. The site benefits from superior visibility via significant street frontage and a monument, pylon, and facade signs situated along South Queen Street. It shares this busy York area with businesses like Dunkin’, Starbucks, CVS Pharmacy, and Walgreens. The location benefits from the frequent street traffic of South Queen Street, which sees 11,440 vehicles daily. The 5-mile trade area is supported by a population of 153,378 and 71,067 daytime employees with an average household income of $94,645.

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                    Clover Farm Veterinary Service

                    Heart + Paw - Clover Farm Vet Services
                    Fredericktown, PA

                    Heart + Paw - Clover Farm Veterinary Services

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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, Clover Farm  Veterinary Service investment property located in Fredericktown, Pennsylvania. The Tenant, Heart + Paw, has over 3 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. Heart + Paw was founded in 2018 by Chief Veterinary Officer Dr. George Melillo, who currently serves the Mid-Atlantic area. Heart + Paw offers a combination of veterinary care, pet grooming, and dog daycare to help be a resource in your pet parenthood journey.

                    Location

                    Clover Farm Veterinary Service is strategically located on US-40. The site benefits from superior visibility via significant street frontage and a pylon sign situated along US-40. It shares this busy Fredricktown area with businesses like CVS Pharmacy, Dollar General and Walmart. The location benefits from the frequent street traffic of US-40, which sees 5,615 vehicles daily. The 5-mile trade area is supported by a population of 15,396 and 2,767 daytime employees with an average household income of $77,287.

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