Investment Overview

Marcus & Millichap is Pleased to Present The Sale Leaseback Of Oak Valley Animal Health, Located in Red Oak, Iowa. The Oak Valley Animal Health is a Leader of Veterinary Services in the Red Oak, Iowa MSA. For the Past 15 Years, the Oak Valley Animal Health Veterinarians Have Provided Services That Include Wellness & Preventative Care, Dental Care, Diagnostics, Emergency Care, and More. Services are Also Provided to Both Small and Large Animals. This Triple Net (NNN) Lease Investment Offers a Hands-Off, Low-Maintenance Opportunity With Minimal Landlord Responsibilities. The Lease is Personally Guaranteed by Oak Valley Animal Health, Ensuring a Reliable and Secure Income Stream. Investors Will Benefit From Built-In 2% Annual Rent Increases, Providing Consistent Revenue Growth Over the Longevity of the Lease. With Five Years on the Lease and Two Additional Five- Year Renewal Options, This Property Delivers Long-Term Stability and Flexibility. The Building Itself is Less Than Ten Years Old, Offering Modern Infrastructure and Reduced Maintenance Costs. Additionally, Oak Valley Animal Health is Situated in a Financially Strong Market, With an Average Household Income Exceeding $60,000. 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.