VCA Portsmouth Animal Hospital

VCA Portsmouth Animal Hospital - Portsmouth, VA

VCA Portsmouth 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 Portsmouth Animal Hospital investment property located in Portsmouth, Virginia. The Tenant, VCA, has over 3 years remaining in their initial term with 2 (two) 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. 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.

Location

VCA Portsmouth Animal Hospital is strategically located on Airline Boulevard. The site benefits from superior visibility via significant street frontage and a monument sign situated along Airline Boulevard. It shares this busy Portsmouth area with businesses like McDonald’s, Pizza Hut, 7-11, Taco Bell, and Wendy’s. The location benefits from the frequent street traffic of Airline Boulevard, which sees 9,599 vehicles daily. The 5-mile trade area is supported by a population of 173,387 and 82,074 daytime employees with an average household income of $99,727.

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    River Run Animal Hospital

    Community Veterinary Partners
    River Run Animal Hospital
    Powhatan, VA

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    CVP - River Run 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, River Run Animal Hospital investment property located in Powhatan, Virginia. The Tenant, Community Veterinary Partners, has over 7 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. Today, CVP 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

    River Run Animal Hospital is strategically located on Anderson Highway. The site benefits from superior visibility via significant street frontage and a monument sign  situated along Anderson Highway. It shares this busy  Powhatan  area with businesses like  Target, Starbucks, Marshalls and Chick-Fil-A.  The location benefits from the frequent street traffic of Anderson Highway, which sees 35,795 vehicles daily. The 5-mile trade area is supported by a population of 38,831 and 9,849 daytime employees with an average household income of $191,370.

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      Vienna Animal Hospital

      NVA - Vienna Animal Hospital
      Vienna, VA

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      NVA - Vienna 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, 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.

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        VCA – Merrimac Animal Hospital

        VCA - Merrimac Animal Hospital
        Williamsburg, VA

        VCA

        VCA - Merrimac 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 ownership) in a NN leased VCA Merrimac Animal Hospital investment property located in Williamsburg, VA. The tenant, VCA Animal Hospitals, Inc., executed a 5-year lease extension in April 2024, providing roughly 5 years of firm term remaining and demonstrating their commitment to the site. The lease is NN with minimal landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor.  With a network of over 1,000 animal hospitals, VCA offers a wide range of services to meet the diverse needs of pets and has established itself as a trusted name in the animal healthcare industry.

        Location

        The subject property is strategically located near the signalized, hard corner intersection of Penniman Road and Merriman Trail, averaging a combined 12,500 vehicles passing by daily. The asset benefits from nearby direct on/off ramp access to State Highway 199 (31,000 vehicles per day), a thoroughfare that connects directly with Interstate 64 (85,000 vehicles per day), a major east/west commuter highway traveling through Virginia. The building is equipped with a large monument sign, creating excellent visibility along Penniman Road, while also complete with an enclosed outdoor area for the tenant’s pet boarding service. Additionally, the sire is ideally situated near Quarterpath Park, Bassat Trace Natural Trail, and Redoubt Park, popular scenic attractions with large grass areas perfect for pet owners to walk/run their dogs. Moreover, VCA Merriman Animal Hospital is just 2 miles northwest of The Marquis Shopping Mall, a power center anchored by Target, Dick’s Sporting Goods, and Best Buy. The 5-mile trade area is supported by more than 52,000 residents and 43,000 daytime employees with an affluent average household income of $110,470.

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          Pet Vet Roanoke

          NVA - Pet Vet Roanoke
          Roanoke, VA

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          NVA - Pet Vet Roanoke

          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, Pet Vet – Roanoke investment property located in Roanoke, Virginia. The Tenant,  NVA, has 7 and a half years remaining in their initial term with 2 5-year options to extend. The lease features annual rental increases of 2.5%. The lease is a triple net with limited landlord responsibilities of roof, structure, and exterior, making it an ideal, low-management investment opportunity for a passive investor. National Veterinary Associated, Inc is the largest private owner of freestanding veterinary hospitals with over 1,000 locations worldwide.

          Location

          Pet Vet – Roanoke is strategically located on Electric Road. The site benefits from superior visibility via significant street frontage and a monument sign. It shares this busy Roanoke area with national tenants like Dunkin’, Kroger, McDonalds, Starbucks, and Walgreens. The location benefits from the frequent street traffic of Electric Road, which sees over 22,500 vehicles daily. The 5-mile trade area is supported by a population of 115,121 and 61,043 daytime employees with an average household income of $81,485.

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