217 N McDonough St, Decatur, GA 30030

The 11,647-square-foot property is leased under a long-term absolute net lease with 10.2 years of remaining term. The lease includes 2.0% annual rental escalations that continue throughout the renewal option periods without a fair market value reset.

The lease includes a financial reporting requirement, granting direct visibility into unit level profitability. Additionally, the lease features personal guaranties from two high net worth physicians (financials available). The subject property is operated by 7 full-time veterinarians.

Veterinary real estate is widely regarded as a highly attractive investment due to its alignment with essential, non-discretionary healthcare services. Demand for veterinary care continues to grow alongside increasing pet ownership and rising consumer spending on animal health, creating a stable and recession-resistant revenue profile.

Decatur is one of Metro Atlanta's most sought-after and supply-constrained urban submarkets with a sub 5% vacancy rate. The subject property is the only veterinary ER in Downtown Decatur which serves an extremely affluent population with a median household income of $142,656 within one mile of the property.