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
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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