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33193710
33193711

10 Walsh Lane, Fredericksburg, VA 22405

AE
CA - 0255475, (CA) -02055475
Matthews
MM
CA CA 01982943
Matthews
RC
CA CA 01986299
Matthews
Listed by Matthews
$2,543,200
12 days on market
Updated 12 days ago

VCA White Oak Animal Hospital | Long-Term NNN Lease

Details
Property Type Retail, Office
Sub Type Medical Office, Veterinary (+1)
Square Footage 6,390
Cap Rate 6.75%
NOI $171,666
Occupancy 100%
Tenancy Single
Lease Type NNN
Remaining Term 7.5
Rent Bumps Yes
Price per SqFt $398
Year Built 2004
Acreage 2.000
Tenant Credit Credit Rated, Corporate Guarantee
Ground Lease No

Corporate-Guaranteed Veterinary Investment with Built-In Rent Growth

Investment highlights

• Stable Investment – ±7.49 years remain on the corporate-guaranteed NNN lease, featuring built-in 2% annual rent increases and two, 5-year renewal options, providing long-term income stability and predictable cash flow growth.

• Scheduled Rent Increases | Built-In Inflation Protection – The lease includes 2% annual rent escalations, creating consistent NOI growth and helping hedge against inflation over the life of the investment.

• Healthcare Real Estate | Recession-Resistant Asset – Veterinary hospitals continue to be highly sought-after investments due to their resilience during economic downturns and insulation from e-commerce disruption affecting traditional retail properties.

• National Veterinary Operator | Corporate Guarantee – The property is occupied by VCA Animal Hospitals, Inc., one of the nation's leading veterinary care providers and a subsidiary of Mars, Incorporated, offering strong corporate tenancy and institutional-grade credit backing.

• Purpose-Built Veterinary Facility – The ±6,390 SF facility was specifically designed for veterinary use and is situated on ±2.00 acres, featuring a functional layout, dedicated parking, and infrastructure suited for long-term clinical operations.

• Tenant Investment in Location – Veterinary operators typically maintain long-term occupancy due to the significant costs associated with relocation, specialized build-outs, equipment installation, and the importance of retaining an established client base.

• Strategic Fredericksburg Location – Located at 10 Walsh Lane in Fredericksburg, VA, the property benefits from strong regional connectivity, expanding residential growth, and proximity to major retail corridors and healthcare-related demand drivers.

• Passive Lease Structure – The NNN lease structure provides a passive investment opportunity with limited landlord obligations, appealing to both local and national investors seeking stable management-free income.

• Growing Veterinary Industry – The veterinary services industry continues to experience strong long-term growth driven by increasing pet ownership, rising consumer spending on pet healthcare, and continued demand for companion animal services nationwide.

Listing Contacts

AE
CA - 0255475, (CA) -02055475
Matthews
MM
CA CA 01982943
Matthews
RC
CA CA 01986299
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$171,666.00
$14,305.50/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

Map

Zoning

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B2 CommercialSpecial CommercialUrban Commercial
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Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Kyle Matthews
License
225225982, 226035518 (VA)
Brokerage
Matthews Real Estate Investment Services, Inc
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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