6 Bed – Licensed Detox Facility
6 Bed – Licensed Detox Facility
Animal Medical Center of Franklin
Animal Medical Center of Franklin
Franklin, LA
Animal Medical Center of Franklin
605 King Street, Franklin, Louisiana 70538
- Price: $685,714
- Cap Rate: 7.00%
- Years Remaining: 9.5
- Rentable Area: 4,000 SF
Investment Highlights
- Sales Price: $685,714
- Cap Rate: 7.00%
- Years Remaining: 9.5
- Lot Size: 0.1 Acres
- Market: Franklin, Louisiana
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Brian Wine
Description
The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, corporate guaranteed, freestanding, Animal Medical Center of Franklin investment property located in Franklin, Louisiana. The tenant, CareVet LLC, recently signed a brand new 9.5-year lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features an annual 2% rental increase during the initial term and each option period, generating additional NOI and hedging against inflation. Landlord responsibilities are limited to maintaining roof, structure, and paved areas making this an ideal low-management investment opportunity for a passive investor. CareVet includes over 80 practices across 27 U.S. States.
Location
Animal Medical Center of Franklin is located off of Main Street, which features 6,300 vehicles passing by daily. Main Street is a major retail thoroughfare for the area and is home to numerous national/credit tenants including Walmart, Walgreens, McDonalds, O’Reilly Auto Parts, and more. Strong surrounding tenant synergy increases consumer draw to the overall trade area and promotes crossover exposure to the site. Animal Medical Center of Franklin is located within close proximity to direct on/off ramp access to State Highway 90 (17,400 VPD), which connects Franklin, LA to the surrounding populous centers. More than 12,500 residents and 4,600 employees support the immediate trade area and features an average household income of $54,871. Approximately 11.38 million U.S. households have gotten a new pet during the COVID-19 pandemic increasing the consumer base for Veterinary Practices. Veterinary Hospitals are highly desirable investments because of economic downturn resistance and continuous demand for animal care.
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Delaware Eye Care Center
Amity Woods Animal Hospital & Lodge
Amity Woods Animal Hospital & Lodge
Kansas City, MO
Amity Woods Animal Hospital & Lodge
- Price: $2,500,000
- Cap Rate: 6.40%
- Years Remaining: 7
- Rentable Area: 13,025 SF
Investment Highlights
- Sales Price: $2,500,000
- Cap Rate: 6.40%
- Years Remaining: 7
- Lot Size: 2.35 Acres
- Market: Kansas City, Missouri
Contact Broker
Brian Wine
Description
The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in two animal hospitals and one parcel of land located in Kansas City, Missouri. The tenants, Amity Woods Animal Hospital & Shoal Creek Animal Hospital have recently executed a brand new 7-year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. Each lease featured a 10% rental increase in October 2023 and beginning of each option to extend, boosting NOI and against inflation. Both leases are NN with landlord responsibilities limited to exterior walls, foundation roof, structure, parking lot, sidewalks, utility systems, and HVAC (non-routine maintenance). The Shoal Creek offering includes the adjacent parcel of land ($522,720), providing incentive for future development.
Approximately 11.38 million U.S. households have gotten a new pet during the COVID-19 pandemic. Veterinary Hospitals are highly desirable investments because of economic downturn resistance and continuous demand for animal care.
Location
Amity Woods is positioned odd Missouri Route 152 and Interstate 29, both heavily traveled highways serving the Kansas City trade area. Interstate 29 averages more than 84,000 vehicles passing by daily. More than 30,000 households support the surrounding area, providing a direct residential consumer base from which to pull from. The asset is positioned at the hard corner intersection of N. Amity Avenue and NW 87th Terrace, providing excellent visibility and ease of access.
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Shoal Creek Animal Hospital & Lodge
Shoal Creek Animal Hospital & Lodge
Kansas City, MO
Shoal Creek Animal Hospital & Lodge
- Price: $2,500,000
- Cap Rate: 6.40%
- Years Remaining: 7
- Rentable Area: 14,042 SF
Investment Highlights
- Sales Price: $2,500,000
- Cap Rate: 6.40%
- Years Remaining: 7
- Lot Size: 1.47 Acres
- Market: Kansas City, Missouri
Contact Broker
Brian Wine
Description
The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in two animal hospitals and one parcel of land located in Kansas City, Missouri. The tenants, Amity Woods Animal Hospital & Shoal Creek Animal Hospital have recently executed a brand new 7-year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. Each lease features a 10% rental increase in October 2023 and beginning of each option to extend, boosting NOI and against inflation. Both leases are NN with landlord responsibilities limited to exterior walls, foundation, roof, structure, parking lot, sidewalks, utility systems, and HVAC (non-routine maintenance). The Shoal Creek offering includes the adjacent parcel of land ($522,720), providing incentive for future development.
Approximately 11.38 million U.S. households have gotten a new pet during the COVID-19 pandemic. Veterinary Hospitals are highly desirable investments because of economic downturn resistance and continuous demand for animal care.
Location
Shoal Creek is positioned off Chicago-Kansas City Expressway, a highway that runs between Chicago, Illinois, and Missouri. Chicago-Kansas City Expressway averages more than 63,000 vehicles passing by daily. State Highway 152/W. Kansas Street is a dense retail and commuter thoroughfare that includes large retailers such as Target, Walmart Supercenter, Kohl’s, TJ Maxx, PetSmart, Home Depot, Sam’s Club, Best Buy, and more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover exposure for this site.
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Columbus Veterinary Medical Center
Columbus Veterinary Medical Center
Columbus, GA
Columbus Veterinary Medical Center
- Price: $1,020,000
- Cap Rate: 6.00%
- Years Remaining: 14
- Rentable Area: 4,384 SF
Investment Highlights
- Sales Price: $1,020,000
- Cap Rate: 6.00%
- Years Remaining: 14
- Lot Size: 0.57 Acres
- Market: Columbus, Georgia
Contact Broker
Brian Wine
Description
The Wine Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN, freestanding Columbus Veterinary Medical Center investment property located in Columbus, Georgia. The tenant, Southern Veterinary Partners, LLC, has approximately 14 years remaining on their current lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual rent increases, steadily growing NOI and hedging against inflation. The lease is NNN with limited landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. Headquartered in Birmingham, AL, Southern Veterinary Partners operates 89 animal hospitals in 12 southern states with over 2,000 employees. Since August 2018, the company has been named one of the fastest-growing companies in America, earning the rank 286 on the Inc. 5000, which evaluates growth over a 3-year span.
Location
The subject property is strategically located near the signalized, hard-corner intersection of Schomburg Rd. and Warm Springs Rd., averaging 27,300 vehicles passing by daily. In addition, the site is located in close proximity to State Highway 85, a major retail and commuter thoroughfare averaging 45,400 vehicles per day, and benefits from direct on/off ramp access to Interstate 185 (74,100 VPD) and U.S. Highway 80 (57,900 VPD). The site benefits from excellent visibility via a large monument sign along Schomburg Rd. (11,000 VPD). Moreover, the property is ideally situated between several major shopping centers including Columbus Park Crossing (1,246,563 SF), Billings Crossing Plaza (189,148 SF), and Britt David Shopping Center (85,752 SF). Nearby national/credit tenants include Walmart Supercenter, Petco, Sam’s Club, Ross Dress for Less, Publix, Lowe’s Home Improvement, Home Depot, Hobby Lobby, and more. Strong tenant synergy increases consumer draw to the immediate trade area and provides crossover store exposure to the site. The 5-mile trade area is supported by 105,554 residents and 55,187 employees, providing a direct residential consumer base from which to draw. Residents within 3 miles of the subject property boast a healthy average household income of $80,322.
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Countryside Veterinary Clinic
Countryside Veterinary Clinic
Lockport, NY
Countryside Veterinary Clinic
- Price: $1,239,000
- Cap Rate: 7.75%
- Years Remaining: 5
- Rentable Area: 5,488 SF
Investment Highlights
- Sales Price: $1,239,000
- Cap Rate: 7.75%
- Years Remaining: 5
- Lot Size: 0.63 Acres
- Market: Lockport, New York
Contact Broker
Brian Wine
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, freestanding, Blue River – Countryside Veterinary Clinic investment property in Lockport, New York. The tenant, BRM NY MGMT, LLC, signed a brand new 5-year lease in February 2021 providing for an initial term through 2026 with 3 (5-year) options to extend. The lease is signed by the corporate entity and is NNN with landlord responsibilities limited to roof and structure, making it an ideal, low-management investment opportunity for a passive investor. Blue River Petcare Group, LLC is a leading operator of veterinary hospitals caring for household pets, managing a network of 118 general practice hospitals and 300+ veterinarians across 23 states in the U.S.
Location
The subject property is strategically located near the signalized, hard corner intersection of Dysinger Road and Old Beattie Road, averaging a combined 10,100 vehicles passing by daily. The site benefits from excellent visibility via significant street frontage and a large monument sign situated along Old Beattie Road. Located within a strong retail corridor, the asset is nearby to a variety of national/credit tenants including Walmart Supercenter, The Home Depot, Tractor Supply Company, T.J. Maxx, Dollar Tree, Big Lots, PetSmart, and more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. Moreover, the asset is within close proximity to multiple apartment complexes including Glendale Garden and Foxwood Place (164 units), providing a direct residential consumer base from which to draw. The 5-mile trade area is supported by more than 46,000 residents and 25,000 daytime employees with an average household income of $76,500.
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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
- Price: $3,505,000
- Cap Rate: 5.25%
- Years Remaining: 10
- Rentable Area: 8,900 SF
Investment Highlights
- Sales Price: $3,505,000
- Cap Rate: 5.25%
- Years Remaining: 10
- Lot Size: 1.72 Acres
- Market: Katy, Texas
Contact Broker
Brian Wine
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
- Price: $2,629,000
- Cap Rate: 5.25%
- Years Remaining: 10
- Rentable Area: 8,900 SF
Investment Highlights
- Sales Price: $2,629,000
- Cap Rate: 5.25%
- Years Remaining: 10
- Lot Size: 1.21 Acres
- Market: Sugar Land, Texas
Contact Broker
Brian Wine
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.