The National Veterinary Associates (NVA) Portfolio
Office | 7.94% CAP | 11,198 SqFt
Marketing description
Marcus & Millichap is pleased to present The National Veterinary Associates (NVA) Portfolio, a unique opportunity to acquire two veterinary hospital properties located in Mentor, Ohio. This portfolio includes Brightwood Animal Hospital and Mentor Animal Hospital, both 100% leased to National Veterinary Associates and two local tenants under triple-net (NNN) leases with 2% annual rent increases. The properties are well-positioned in the healthy Mentor, Ohio market with minimal corporate competition and well-established businesses. The portfolio offers investors a stable income stream with minimal landlord obligations, supported by a credit-rated tenant backed by JAB Holding Company, which has a Baa1 Moody's credit rating and manages over $50 billion in assets.
Investment highlights
- 100% Leased to National Veterinary Associates & Two Local Tenants
- Triple-Net (NNN) Leases Offer Minimal Landlord Obligation
- 2% Annual Rent Increases
- Well Located in the Healthy Mentor, Ohio Market
- Minimal Corporate Competition
- Well Established Businesses
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