521 Townline Rd, Hauppauge, NY 11788

Favorable Lease Terms | There are 2+ years remaining on VCA's third option of their lease. Initially a five-year, double-net (NN) lease, VCA has exercised two which shows commitment to the site. The lease features two percent (2%) annual increases, providing a hedge against inflation. There is an additional one, two-year option period, increasing the potential lease term remaining.

Corporate Guarantee | VCA has over 1,000 hospitals and over 7,000 fully qualified, dedicated and compassionate veterinarians to give pets the very best in medical care. IN 2018, Mars Inc. announced the purchase of VCA for $9.1 billion, operating it as an independent unit within the Mars Petcare division. Forbes ranked Mars Inc. as the fourth largest privately held company in the United States for 2022.

E-Commerce & Recession-Resistant Property | Veterinary properties are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties.

Robust Industry Growth | The global veterinary care market size was estimated at USD 87.3 billion in 2023 and is projected to grow at a compounded annual growth rate of 8.0% from 2024 to 2030. The rising incidence of chronic diseases in pets and animal drives the needs for improved veterinary care, fueling market demand.