THRIVE PET HEALTHCARE | NNN Lease | 2% Annual Escalators
NNN Lease | 7.00% Cap Rate | 2% Annual Increases | National Operator
Investment highlights
STABLE INVESTMENT: There are over 5 years remaining on the NNN lease with 2% annual increases and four, 5-year options to extend the lease.
SCHEDULED RENT INCREASES I HEDGE AGAINST INFLATION: The lease features annual rental escalators, providing a future owner with a boost in cash flow and a hedge against inflation throughout the life of their investment.
HEALTHCARE REAL ESTATE I RECESSION RESISTANT PROPERTY: Veterinary hospitals are extremely sought-after investments for their resistance to downturns in the
economy and e-commerce trends that affect traditional retail properties.CONCENTRATED CORRIDOR: The property offers convenient access to a broad selection of surrounding services and destinations. Within a ±5-mile radius, the area features a mix of residential communities, schools, parks, offices, and major retailers like Walmart Supercenter, The Home Depot, Sam’s Club, Starbucks, The Pines at North Park, Chick-fil-A, and Denham Springs Elementary School.
VERY PASSIVE LEASE STRUCTURE: There are minimal landlord responsibilities throughout the lease term, offering a passive investment for both local and national investors.
ROBUST GROWTH INDUSTRY: The global veterinary services market size is expected to reach $142 Billion by 2025, with a CAGR of 5.6% during that period.
STRATEGICALLY LOCATED FACILITY: This clinic is situated on Hatchell Ln, offering convenient access to major north-south and east-west thoroughfares, US-190 and LA-16.
TRUSTED PROVIDER: Thrive Pet Healthcare supports over 380 veterinary practices across the U.S., earning trust through its commitment to high-quality care, integrated specialty services, and professional development for its teams of general practitioners and veterinary specialists.
TENANT INVESTMENT IN LOCATION: Pet hospitals rarely relocate due to the difficulty of retaining the same patients in a new location and the high costs associated with moving and build-outs.
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