Ferguson Animal Clinic
Retail | Ferguson Animal Hospital | 4,526 SqFt | Tennessee
Marketing description
Vet Evolve is a rapidly growing veterinary services platform headquartered in Falls Church, Virginia. The company acquires, operates, and supports veterinary hospitals across the United States, providing centralized business management while preserving each clinic's local identity and medical autonomy.
Vet Evolve's model focuses on operational excellence, staff retention, and revenue growth through a combination of same-store improvements and strategic acquisitions. The company has demonstrated consistent financial performance with strong revenue and EBITDA growth trajectories.
Investment highlights
Creditworthy tenant backed by institutional capital with LTM revenue exceeding $100 million and 14.9% EBITDA growth
Long-term 8-year NNN lease with contractual 2% annual rent escalations providing predictable income growth
Purpose-built 2015 construction veterinary facility with specialized infrastructure minimizing capital expenditure risk
Bristol, TN market has benefited from $400M Hard Rock Casino development opening in November 2024 and its
projected 5,200+ new jobs over seven years
Downtown location with 2.6% vacancy rate and rental rates among the highest in the Bristol market
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