Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire VCA Daniel Webster Animal Hospital, a 7,250 square foot veterinary hospital situated on 1.32 acres at 3 Hawthorne Drive in Bedford, New Hampshire. The property is leased to VCA Animal Hospitals, Inc., a subsidiary of Mars, Incorporated and the largest veterinary operator in North America, under a corporate backed NNN lease with 2% annual rent increases. VCA recently exercised its 5 year renewal option well ahead of the required deadline, a strong indicator of the location's performance and the tenant's long term commitment, adding to a track record that includes the hospital's 40th anniversary in March 2026. The lease also reflects a rare, landlord friendly structure in which the landlord's obligations are limited solely to foundation and structural elements. Positioned along South River Road (US Route 3) minutes from Interstate 293, the property benefits from dense retail surroundings and the strong demographics of Bedford, one of New Hampshire's most affluent communities, with a town wide average household income of $212,140. Offered at $3,375,000, a 6.50% cap rate, this asset presents investors a stable, mission critical healthcare property backed by an investment grade parent company.