Animal Hospital of University Drive

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee-simple interest in a 2,500 square foot freestanding, single-tenant veterinary clinic located 2585 N University Dr in Sunrise, FL (“Property” or “Asset”). The Asset is 100% leased to Heartland Vet Partners (“Heartland Vet Partners” or “Tenant”), who is doing business as Animal Hospital of University Drive, with approximately 6.0 years remaining on the primary lease term. The Asset features two, three-year renewal options with 1.0% annual rent increases in the primary term and lease options.

Located just nine miles west of downtown Fort Lauderdale, the Property is situated along North University Drive in a dense commercial corridor with access to 55,500 vehicles per day and over 458,000 residents within a five-mile radius. Within a five-mile radius, the area has also seen an astounding 14.2% population growth since 2010. The Property is proximate to numerous major retailers including a Home Depot, Starbucks, Lowe’s, Chase Bank, Walmart Supercenter, Chase Bank, Aldi, Publix, Pet Supermarket, McDonald’s, Ross Dress for Less, and Wendy’s.

The City of Sunrise, centrally located in western Broward County, offers quick access to Miami, Palm Beach, and Fort Lauderdale, making it a prime suburban community in South Florida. Its blend of retail, entertainment, corporate infrastructure, and affluent residents has attracted institutional investment across various sectors, while population growth and major employer relocations have established Sunrise as a self-sustaining micro-economy within the region.

This unique opportunity allows investors the ability to acquire an infill retail asset located in a fundamentally strong and high-growth market.

The asset offers secure, long-term cash flow backed by a top veterinary operator with 350+ locations.