By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.
INVESTMENT HIGHLIGHTS
NO EARLY TERMINATION OR KICK-OUT CLAUSE - This lease is free from early termination options or early kick-out clauses during the initial and any exercised option terms which provides investors with secured and increasing return for years to come
LEADING OPERATOR - PetVet Care Centers was founded in 2012 and currently has a network of over 450 general practice, specialty, and equine hospitals in 39 states
GROWING INDUSTRY - The global veterinary services market size was valued at approximately $113.6 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of around 6.4% from 2023 to 2030
LONG-TERM OPERATING HISTORY - The Tenant has operated at this location for nearly 35 years, making it unlikely they will leave the site in the near future
RENT GROWTH - The lease provides for three percent (3%) annual rental increases during the initial term and option periods
LOCATED ON MAJOR THOROUGHFARE - The property sits on South Dixie Highway which sees more than 10,000 vehicles per day making it a heavily trafficked route
STRONG DEMOGRAPHICS - There are over 81,000 in population in a ten (10) mile radius with an average household income of over $92,000.
EXCELLENT PET MARKET - 56.8% of homeowners in a ten (10) mile radius own a pet with 117% (compared to the national average) taking a pet to the vet within the last 12 months
