Woodside Animal Hospital_Actifs en vente

1601 Woods Rd SE, Port Orchard, WA, 98366, US

Woodside Animal Hospital

Description de l'actif

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale the fee-simple interest in the Woodside Animal Hospital, a subsidiary of VetCor, located in Port Orchard, WA (the “Property” or “Asset”). VetCor of Washington State operates on a long-term double-net lease with 8.8 years remaining and 2% annual rent increases throughout the primary and renewal option periods. VetCor of Washington State is a subsidiary of VetCor Holdings, one of the largest private equity-backed veterinary service providers in the nation, with over 800 locations in 40 states. This investment presents the unique opportunity to acquire a leading veterinary service provider within fast-growing Puget Sound market.

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Caractéristiques de l'actif

Prix attendu

1 587 000 €

Surface de l'actif Net

314 m²

Année de construction

1978

Occupation

100,00 %

Taux de capitalisation

6,60 %

Revenu net

105 000 €

Média

Points clés d'investissement

8.8 years remaining on a net lease with 2.0% bumps annually
Woodside Animal Hospital has operated at this location since 1970 and was recently purchased by VetCor
The surrounding 5-mile radius has seen 12.4% population growth since 2010 and has a AHHI of $86,244
Situated in the thriving Puget Sound market adjacent to the Seattle MSA
The Veterinary Services market has had significant revenue growth of 11.4% since 2019 and is expected to reach $65.6 billion by 2029