Airport Freeway Animal Emergency Hospital

VIP Vet - Airport Freeway Animal Emergency Hospital - Euless, TX

VIP Vet - Airport Freeway Animal Emergency 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, Airport Freeway Animal Emergency Hospital investment property located in Euless, Texas. The Tenant, VIP Vet, has over 5 years remaining in their initial term with 2 (two) 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. Veterinary Innovative Partners (VIP) is a veterinarian-owned network of animal hospitals that combines clinical autonomy with centralized support to deliver high-quality, compassionate, and innovative veterinary care..

Location

Airport Freeway Animal Emergency Hospital is strategically located on W Airport Freeway. The site benefits from superior visibility via significant street frontage and a pylon sign situated along W Airport Freeway. It shares this busy Euless area with businesses like Popeyes, Subway, Starbucks, Metro and The Home Depot. The location benefits from the frequent street traffic of W Airport Freeway, which sees 60,288 vehicles daily. The 5-mile trade area is supported by a population of 243,059 and 110,179 daytime employees with an average household income of $120,873.

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    Clarkson Eye Care

    Eyecare Partners - Clarkson Eye Care
    Fort Worth, TX

    Clarkson Eye Care

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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, Clarkson Eyecare Keller investment property located in Fort Worth, Texas. The Tenant, Clarkson Eyecare, has more than 2 years remaining in their initial term with 3 (5 Year) options to extend. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. With over 200 locations, Clarkson Eyecare is comprised of highly trained optometrists, opticians, and technicians. They prioritize the maintenance and development of patients’ eye health by offering comprehensive eye exams utilizing cutting-edge vision care technology. 

     

    Location

    Clarkson Eyecare Keller is strategically located on N Tarrant Parkway. The site benefits from superior visibility via significant street frontage and a monument sign situated along N Tarrant Parkway. It shares this busy Fort Worth area with businesses like Walmart, Walgreens, CVS Pharmacy and Starbucks. The location benefits from the frequent street traffic of N Tarrant Parkway, which sees 29,768 vehicles daily. The 5-mile trade area is supported by a population of over 280,000 and over 75,000 daytime employees with an average household income of $138,710.

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      Highlands-Eldorado Veterinary Hospital

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      VPP - Highlands-Eldorado 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, Highlands-Eldorado Veterinary Hospital investment property located in McKinney, Texas. The Tenant, Veterinary Practice Partners, has over 5 years remaining in their initial term with 2 (two) 5-year options to extend. The lease features annual rental increase of 2.5%. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Veterinary Practice Partners (VPP) is a leading provider of veterinary care services to pets across the United States. With a network of more than 126 animal hospitals across 27 states, VPP is committed to providing high-quality veterinary care to animals and their families.

      Location

      Highlands-Eldorado Veterinary Hospital is strategically located on Highlands Drive. The site benefits from superior visibility via significant street frontage and a monument sign situated along Highlands Drive. It shares this busy McKinney area with businesses like Kroger, Kohls , CVS, and Trader Joe’s. The location benefits from the frequent street traffic of Eldorado Parkway, which sees 23,931 vehicles daily. The 1-mile trade area is supported by a population of 18,168 and 4,009 daytime employees with an average household income of $134,433.

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        Comal Pet Hospital

        Suveto - Comal Pet Hospial
        New Braunfels, TX

        Suveto - Comal 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 NNN leased, freestanding, Comal Pet Hospital investment property located in New Braunfels, TX. The Tenant, Suveto, has 8 years remaining in their initial term with 4 (5-Year) options to extend. The lease features annual rental 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. Suveto’s mission is to create innovative software products that simplify veterinary practice management and improve the quality of patient care. The practice was awarded back in spring of 2019 by the TVMA as a Texas Heritage Practice, which means the business has been in the same location and operating as a veterinary practice for over 50 years.

        Location

        Comal Pet Hospital is strategically located on Interstate 35. The site benefits from superior visibility via significant street frontage and a monument sign situated along I-35. It shares this busy New Braunfels area with national tenants such as Dunkin’, Dutch Bros, McDonalds, The Home Depot, and Wendy’s. The location benefits from the frequent street traffic of I-35 Northbound, which sees 11,583 vehicles daily. The 5-mile trade area is supported by a population of 105,413 and 36,754 daytime employees with an average household income of $78,548.

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          Cowboy Kennels

          Amerivet - Cowboy Kennels
          San Antonio, TX

          Logo AmeriVet & Bristol Physical Therapy 2

          Amerivet - Cowboy Kennels

          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 an NNN leased, freestanding, Cowboy Kennel investment property located in San Antonio, Texas. The Tenant, AmeriVet Partners Management, Inc., has 19 years remaining in their initial term with 4 (5-Year) options to extend. The lease features rental increases of 10% every 5 years. The lease is an absolute triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. AmeriVet has experienced rapid growth since acquiring its first practice in 2017 and currently operates over 140 practices. It also employs over 2,300 people nationwide.

          Location

          Cowboy Kennel is strategically located off of McCullough Avenue, which averages over 6,000 vehicles passing by daily. The site benefits from superior visibility via significant street frontage and a large pylon sign on McCullough Avenue. The location is 2 miles from Midtown San Antonio and under 5 miles from Downtown San Antonio. It is also less than 2 miles from Highway 281, which averages over 150,000 daily vehicles at the nearest section of the highway. The 5-mile trade area is strongly supported by a population of over 330,524 and 238,330 daytime employees with an average household income of $76,889.

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            Retama Equine Hospital

            NVA - Retama Equine Hospital
            Selma, TX

            nva-logo

            NVA - Retama Equine 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 an NN leased, freestanding, NVA Animal Hospital investment property located in Selma, Texas. The Tenant, NVA, has over 8 years remaining in their initial term with 2 (5-Year) options to extend. The lease features annual rental increases based on the total percentage increase in the CPI throughout the initial term and option periods, steadily growing NOI, and hedging against inflation. The lease is double net with limited landlord responsibilities of roof and structure, making it an strong, low-management investment opportunity for a passive investor

            Location

            Retama Animal Hospital is strategically located on the intersection of Evans Road and Lookout Road, which see an average of over 3,200 and 13,100 daily vehicles daily, respectively. The location has superior visibility via significant street frontage signage facing Evans Road. The hospital is 16 miles outside of San Antonio and is 4 miles from the Forum at Olympia Parkway, which has a myriad of shopping options, including Total Wine and More, Home Depot, Best Buy, and Kohl’s. The 5-mile trade area is strongly supported by a population of 160,668 and 45,248 daytime employees with an affluent average household income of $90,229.

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              South Flower Mound Animal Hospital & Bowen Eye Dr.

              SVP - South Flower Mound Animal Hospital & Bowen Eye Dr.
              Flower Mound, TX

              VCA - Carriage Hills Animal 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, SVP & My Eye Doctor investment property located in Flower Mound, Texas. The Tenant, Southern Veterinary Partners, has over 14 years remaining in their initial term with 2 5-Year options to extend. The lease features annual rental increases of the higher value between either 3% or CPI. The lease is a triple net with limited landlord responsibilities of roof, structure, and common areas, making it an ideal, low-management investment opportunity for a passive investor. My Eye Doctor recently acquired Bowen Eye Care, the premiere solution for eye care in Flower Mound. Southern Veterinary Partners employs over 5,000 people nationwide and was on Inc. 5000’s List of “Fastest Growing Companies in America” three years in a row.

               

              Location

              SVP & My Eye Care are strategically located on Northshore Boulevard. The site benefits from superior visibility via significant street frontage and a monument sign situated along Northshore Blvd. It shares this busy Flower Mound area with businesses like Chase, Chili’s, Dairy Queen, Dunkin’, and Kroger. The location benefits from the frequent street traffic of Long Prairie Road, which sees 63,245  vehicles daily. The 5-mile trade area is supported by a population of 210,387 and 88,831 daytime employees. Within a 1-mile trade area of the subject property, residents boast an affluent average household income of $177,025.

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                Neighborhood Veterinary Centers

                Neighborhood Veterinary Centers
                Nederland, TX

                NVC - Nederland, Texas

                Investment Highlights

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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, animal hospital investment property located in Nederland, Texas. The tenant Neighborhood Veterinary Centers will execute a 15-year lease at the close of escrow and will have 4 (5-year) options to extend. The lease features 2.5% annual rental increases throughout the term, steadily growing the NOI and hedging against inflation. The lease is a NNN with landlord responsibilities limited to roof and structure. The lease is signed by Neighborhood Veterinary Centers who currently has a network of 7 animal hospitals throughout the Houston / Beaumont market. Outside of Houston, this is the largest referral surgery center in Southeast Texas. When they opened, Gross Revenue started at $80k a week and went up to $140k a week after only 7 months in operation.

                Location

                Neighborhood Veterinary Center’s Nederland facility is located off of Highway 365, which benefits from over 14,900 daily vehicles going south and 17,200 going north. (160,000 VPD), near many national retailers such as Walmart Super Center, Texas Roadhouse, McDonald’s, Chick-fil-A T.J. Maxx, Target, Panda Express, IHOP, Starbucks, Bed Bath & Beyond, and many others. The subject property is located in Nederland just down the road from Port Arthur, Texas. Right across the street from the Central Mall which is the main shopping center with several major retailers, movie theater and restaurants in the area. The 5-mile trade area is supported by over 84,094 residents and 34,199 daytime employees. Residents within a three-mile radius of the property boast an average household income of $83,311.

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                  Mayde Creek Animal Health Center

                  Mayde Creek Animal Health Center
                  Katy, TX

                  Mayde Creek Animal Health Center

                  3355 N. Fry Road Katy, TX 77449

                  Investment Highlights

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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, freestanding, Mayde Creek Animal Health Center investment property located in Katy, Texas (Houston MSA). The tenant, MVP Mayde Creek, LLC, recently signed a brand new 10-year lease with 1 (5-year) option to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases throughout the initial term and option period, steadily growing NOI and hedging against inflation. The lease is NNN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Mission Veterinary Partners, formerly known as Midwest Veterinary Partners, is a veterinarian-founded network of 175+ animal hospitals throughout the United States.

                  Location

                  The subject property is strategically located along N Fry Road, a major retail and commuter thoroughfare averaging 41,200 vehicles passing by daily. The site benefits from excellent visibility via significant street frontage and a large monument sign situated along N Fry Road. Located within a dense retail corridor, the asset is nearby to a variety of national/credit tenants including Walmart Supercenter, The Home Depot, Lowe’s Home Improvement, Target, Sam’s Club, Hobby Lobby, CVS Pharmacy, and more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. The 5-mile trade area is supported by nearly 315,000 residents and 76,000 daytime employees with an average household income of $98,842.

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                    Oyster Creek Animal Hospital

                    Oyster Creek Animal Hospital
                    Sugar Land, TX

                    Oyster Creek Animal Hospital

                    Investment Highlights

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                    Description

                    The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building) in a NNN leased, freestanding, Oyster Creek Animal Hospital in Sugar Land, Texas (Houston MSA). The tenant, MVP Mayde Creek, LLC, recently signed a brand new 10-year lease with 1 (5-year) option to extend, demonstrating their commitment to the site. The lease features rare 2% annual rental increases throughout the initial term and option period, steadily growing NOI and hedging against inflation. The lease is NNN with limited landlord responsibilities, making this an ideal, low-management investment property for a passive investor. Mission Veterinary Partners, formerly known as Midwest Veterinary Partners, is a veterinarian-founded network of 175+ animal hospitals throughout the United States.

                    Location

                    Oyster Creek Animal Hospital is strategically located at the signalized, hard corner intersection of Museum Square Drive and New Territory Boulevard, averaging over 18,100 vehicles passing by daily. The asset benefits from nearby direct on/off ramp access to Interstate 69 (123,900 VPD), the primary commuter highway traveling through Sugar Land and into the heart of Downtown Houston. In addition, the site is ideally situated less than 2 miles west of Colony Square Shopping Center, a 441,249 SF neighborhood center anchored by Lowe’s Home Improvement, PetSmart, and Academy Sports and Outdoors. Located within an immense retail corridor, the asset is within close proximity to a variety of national/credit tenants including Target, Costco Wholesale, The Home Depot, Walmart, Sam’s Club, Macy’s, and more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. Furthermore, the property is nearby to multiple apartment complexes including Brookdale First Colony (264 units), Telfair Lofts (317 units), Regency at First Colony (324 units), and more, providing a direct residential consumer base from which to draw. The 5-mile trade area is supported by over 212,000 residents and 83,500 daytime employees. Residents within a one-mile radius of the property boast an affluent average household income of $197,432.

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