Investment Overview

Marcus & Millichap is Pleased to Present The VCA Milliken Animal Hospital, Located in Milliken Colorado. The Single Tenant Animal Hospital is 100 Percent Leased to the Countries Highest Credit Veterinary Company, Veterinary Centers of America (VCA). VCA has Practiced in Milliken Since 2021, and Currently has 6.4 Years Remaining on the Lease, with Three, Five Year Renewal Options. Since COVID-19, Studies Show Over 23 Million American Households got Pets. Veterinary Practices were Deemed Essential Through the Pandemic and Continue to Grow as Safe and Secure Investments. VCA was Founded in 1986 and Currently have Over 1,000 Veterinary Locations in the United States. VCA is Owned by Mars INC. and was Acquired in 2017 for $7.7 Billion. Since the Acquisition, VCA has Added Over 200 Locations and Grew Annual Revenue’s to Over $2.5 Billion. Mars Inc. has a Moody’s Credit Rating of A1 and Continue to Establish their Presence in Veterinary Medicine with Acquiring Multiple Other Firms like Blue Pearl, Banfield and more. Five Practicing Veterinarians and a Ten Employees Provide Over 50 Separate Services in Advanced Care, Pet Counseling, Pet Grooming, Preventative Care, Primary Care and more. The 5,605-Square-Foot Animal Hospital Sits Directly on Milliken’s Main Thoroughfare, Broad Street, which Features an Average Traffic Count Exceeding 10,000 Vehicles per Day. Over 166,00 People Reside within a 10-Mile Radius and the Median Home Value Exceeds $384,000 within a Two Mile Radius of the Animal Hospital.