Single-Tenant Office Medical
VCA Animal Hospital - NNN
39750 Garfield Rd, Clinton Twp, MI 48038
Listing Price: $3,204,000
Investment Overview
Nine year triple-net leased investment with VCA Animal Hospitals, Inc, located in metro Detroit, Michigan. The tenant completed a comprehensive renovation from office space to an animal hospital and surgery center. The base rent increases 15 percent every five years beginning on the sixth anniversary, including two five year options.
VCA Animal Hospital - NNN
Investment Highlights
- Newly Renovated Class A Construction – Tenant just Completed a Comprehensive Renovation of the Building Interior from Office to an Animal Hospital and Surgery Center
- Strong Parent Credit – Mars, Inc. Acquired VCA Animal Hospitals, Inc. in 2017 for $9.1 Billion; Mars is Rated "A" by Standard & Poor's
- Top Operator – VCA Operates Over 1,000 Animal Hospitals in 45 States and Five Canadian Provinces
- Long-Term Lease – Tenant Executed a Ten (10) Year Lease with Nine Years Remaining
- Passive Net Lease – Absolute Net Lease Structure. Tenant is Responsible for Maintaining, Repairing and Replacing the Building Components, Including Roof, HVAC and Parking Lot.
Exclusively Listed By
Financing By
Listing Price: $3,204,000
Investment Highlights
- Newly Renovated Class A Construction – Tenant just Completed a Comprehensive Renovation of the Building Interior from Office to an Animal Hospital and Surgery Center
- Strong Parent Credit – Mars, Inc. Acquired VCA Animal Hospitals, Inc. in 2017 for $9.1 Billion; Mars is Rated "A" by Standard & Poor's
- Top Operator – VCA Operates Over 1,000 Animal Hospitals in 45 States and Five Canadian Provinces
- Long-Term Lease – Tenant Executed a Ten (10) Year Lease with Nine Years Remaining
- Passive Net Lease – Absolute Net Lease Structure. Tenant is Responsible for Maintaining, Repairing and Replacing the Building Components, Including Roof, HVAC and Parking Lot.
Investment Overview
Nine year triple-net leased investment with VCA Animal Hospitals, Inc, located in metro Detroit, Michigan. The tenant completed a comprehensive renovation from office space to an animal hospital and surgery center. The base rent increases 15 percent every five years beginning on the sixth anniversary, including two five year options.
Exclusively Listed By
Financing By
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