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VCA Animal Hospital - Athol, MA

1287 S Main St, Athol, MA 01331, USA

For Sale

$955,000

Property Description

  • Recent Renewal - Tenant recently extended for 5 years + added a 5 year option


  • Annual CPI Rent Increases - Lease has a built-in inflation hedge (2.87% avg annual increase over the past 3 years)


  • Medical-Based Use - Service-oriented and internet-resistant tenant profile


  • Strong Retail Corridor - National credit tenants like McDonald's, Advance Auto Parts, Walmart, Tractor Supply Co are all nearby


  • Corporate Guaranty - VCA is backed by Mars Inc., providing institutional-level credit strength and possibly the strongest in the net lease vet world today


  • Low Rent Opportunity - Future rent growth potential with built in upside


  • Proven Operating History - 47 years as a veterinary clinic


  • Preferable Income Levels - 5-mile average household income is ~$85,000

The Property Profiler - DG - Fayetteville, NC.pptx.png
Offering Memorandum

Property Details

Property Type

Retail

Size

2,430

Net-Lease

NN+

Acres

0.41

Property Location

1287 S Main St, Athol, MA 01331, USA

Contact Agent

Shane Karnes
Rutland Patterson

(678) 551-6263
(404) 341-7460

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