INVESTMENT HIGHLIGHTS

• Long Term, Passive Lease – In December 2017, AmeriVet signed a 15-year lease with landlord responsibility limited to roof/structure. The roof was replaced in 2017
• Attractive Annual Rental Increases – Rare 3% Annual Rental Increases are built in throughout the base term and option periods of the lease, providing for a strong hedge against inflation
• Business Acquired by National Veterinary Operator – Subject property was acquired by AmeriVet Veterinary Partners (135+ Locations) and signed a 15 year lease due to the site’s strong, successful performance
• E-Commerce & Recession-Resistant Property – Pet Care properties are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties
• Dense, Flint, MI Real Estate – Subject property is located in Flint, Michigan and caters to over 10,000 residents in a 1-mile radius, 55,000 in a 3-mile radius, and 130,000 in a 5-mile radius
• Outparceled to Kroger Shopping Center
• Located on Main Retail Thoroughfare – The hospital is located on E Bristol Road, which sees over 22,000 VPD and hosts several national tenants nearby such as Wendy’s, Kroger, Speedway, Little Caesars Pizza, and Metro by T-Mobile