Long-Term Stability – ±10 years remaining on a corporately signed lease
Strong National Brand – Southern Veterinary Partners (SVP) is among the largest corporate consolidators in Veterinary Healthcare with over 400 practices across the US
Landlord Responsibilities – The NNN lease structure makes this a truly passive investment
Attractive Renewal Options – 5 Points Animal Hospital has two, 5-year renewal options to extend the lease maintaining its annual rental escalations in each renewal
Location:
Nashville Metropolitan Statistical Area – Nashville is the most populous metro area in Tennessee, with a population of just over 2 million people
Dense retail corridor – surrounded by local retailers such as Margot Café, Rosemary Beauty Queen, Edley’s BBQ, Pie Town Tacos East, Five Points Pizza, Egg Drip, Boston Commons Seafood, Buds N Brews, Cumberland Hardware, and countless other local shops
High Population Growth – 5.40% Annual Growth in 3-mile radius
Affluent Suburb – The average household income in a 3-mile radius exceeds $116,000
New Developments – The incoming addition of technology behemoth Oracle ($1.2 billion global headquarters campus), e-commerce giant Amazon, investment management firm Alliancebernstein, and the new $2.1 billion Tennessee Titans Stadium – real estate professionals continue to see the music city as the place to be and invest in despite a year of national decline in property sales and developments.