2 Locations For Sale

Marcus & Millichap is Pleased to Exclusively Present The NVA Animal Hospital Portfolio, Located in Marietta and Woodstock, Georgia (Marietta MSA). The Two Single Tenant Animal Hospitals are 100% Leased to the National Veterinary Service Provider, National Veterinary Associates (NVA). Combined, the Animal Hospital have Served the Marietta Community Since 1982 and has Operated Under the NVA Network Since 2022. NVA Currently has Approximately Three (3) Years Remaining on their Lease with Two, 5 Year Renewal Options Remaining. Since COVID-19, Studies Show Over 23 Million American Households got Pets. Veterinary Practices were Deemed Essential Through the Pandemic and Continue to Grow as Safe and Secure Investments. NVA was Founded in 1996 and Currently have Over 1,500+ Veterinary Locations Across the World "U.S., Canada, Australia, New Zeeland and Singapore). NVA is Majority Owned by Private Equity Firm Jab Holding Company, who has 199 Years of Investing Experience and Over $50 Billion Assets Under Management. Combined, the Animal Hospital Portfolio Stands at 9,034 Square Feet and were Built in 1986 and 1995. The Double-Net (NN) Leases Offer Minimal Landlord Obligations and Provide a Stable Return from the Annual CPI Leases which are Capped at 2% Annually. In Total, Four (4) Practicing Veterinarians Provide a Wide Range of Pet Care Services Including General Wellness Exams, Diagnostics, Surgery, Dermatology, Gastroenterology, Urology, and many more Pet Care Services. Both Hospitals are Well Located on Major Thoroughfares with Due West Animal Hospital Sitting on Due West Rd which Features Over 10,400 VPD & the Highway 92 Animal Hospital Sits on Highway 92"Alabama Rd" which Features Over 28,893 VPD.