Single-Tenant Office Medical
NVA Referral Center |10 Year NNN | 3.5% Ann. Increases
2505 S 80th St, Tacoma, WA 98409
Listing Price: $17,275,000
Investment Overview
Built in 1999, this 27,199 SF facility features the most extensive animal related emergency services
in Pierce County. This single tenant medical office is fully leased to NVA Summit Veterinary
Management LLC and is backed by the largest private owner of freestanding veterinary
hospitals in the United States, National Veterinary Associates Inc. This newly renewed 10-
year, triple-net lease features strong annual rental increases of 3.5%, providing an appealing
return, a hedge against inflation, and minimal landlord responsibilities. NVA has invested
heavily in the medical buildout of the hospital, demonstrating their long-term commitment to
the site.
NVA Summit sits on a generous 1.57-acre lot and includes an ancillary parking lot
that provides an additional 58 stalls. The property is located just off I-5, providing great
access for employees and customers alike. Tacoma’s growing population rate, combined
with over 60% of Washington households owning a pet, positions NVA Summit well for a
continuation of strong profit growth within the veterinary services industry.
Investment Highlights
- Brand New 10-Year Lease Renewal
- Credit Tenant
- Minimal Landlord Responsibility
- Significant Tenant Improvement
Exclusively Listed By
Financing By
Single-Tenant Office Medical
NVA Referral Center |10 Year NNN | 3.5% Ann. Increases
Listing Price: $17,275,000
Investment Highlights
- Brand New 10-Year Lease Renewal
- Credit Tenant
- Minimal Landlord Responsibility
- Significant Tenant Improvement
Investment Overview
Built in 1999, this 27,199 SF facility features the most extensive animal related emergency services in Pierce County. This single tenant medical office is fully leased to NVA Summit Veterinary Management LLC and is backed by the largest private owner of freestanding veterinary hospitals in the United States, National Veterinary Associates Inc. This newly renewed 10- year, triple-net lease features strong annual rental increases of 3.5%, providing an appealing return, a hedge against inflation, and minimal landlord responsibilities. NVA has invested heavily in the medical buildout of the hospital, demonstrating their long-term commitment to the site. NVA Summit sits on a generous 1.57-acre lot and includes an ancillary parking lot that provides an additional 58 stalls. The property is located just off I-5, providing great access for employees and customers alike. Tacoma’s growing population rate, combined with over 60% of Washington households owning a pet, positions NVA Summit well for a continuation of strong profit growth within the veterinary services industry.
Exclusively Listed By
Financing By

