Animal Hospital of Waynesville, NC_Property for Sale
Animal Hospital of Waynesville, NC_Property for Sale
91 Depot St, Waynesville, NC, 28786, US

Animal Hospital of Waynesville, NC

Description

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the fee-simple interest in the Animal Hospital of Waynesville, a freestanding, single-tenant property located at 91 Depot Street, Waynesville, NC. Recently renovated in 2022-2023, the 4,880 SF facility features seven updated exam rooms, treatment facilities, associate offices, a staff lounge, and a refreshed reception area. The hospital is accredited by the American Animal Hospital Association and certified as both a Cat Friendly Practice and a Fear Free facility. The property is 100% leased to National Veterinary Associates under a new NN lease with over 10 years of remaining term, 2% annual rent increases after year two, and two 5-year extension options.


Situated in a high-traffic area with strong visibility and easy access to the Great Smoky Mountain Expressway, the property serves a growing residential base with high pet ownership rates. Investors benefit from secure, long-term cash flow backed by an established national operator in the recession-resistant pet care sector, with the asset's strategic location near Asheville offering excellent long-term growth potential.

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Attributes

Building area net
453 m²
Year built
2000
Land area gross
0.07 ha

Media

Investment Highlights

  1. Long-Term Commitment & Modernization: Operating since 1992 and backed by NVA since 2016, with a full renovation completed in 2023.
  2. Institutional-Caliber Tenancy: National Veterinary Associates, majority-owned by JAB Holding Company and backed by 1,300 locations, guarantees the lease.
  3. Stable Lease Structure with Growth: A new 10-year NN lease begins February 2026, featuring two five-year options, 2% annual rent increases after year two.
  4. Premier Regional Visibility: The property offers excellent frontage with 13,000+ daily vehicles and is less than one mile from the Great Smoky Mountain Expressway.
  5. Proximity to Expanding Residential Demand: Located within two miles of major new developments, the hospital benefits from over 350 additional nearby households.
  6. Strong, Pet-Driven Demographics: The site serves 30,600+ residents within five miles, with 61.3% of households owning pets.
Animal Hospital of Waynesville, NC 4_Property for Sale
Animal Hospital of Waynesville, NC 4_Property for Sale

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Animal Hospital of Waynesville, NC (0 Properties)

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Last updated
6 Nov 2025