Lakefield Veterinary Group

Scheduled Rent Increases | Hedge Against Inflation: The lease features annual rental escalators, providing a future owner with a boost in cash flow and a hedge against inflation throughout the life of their investment.
Stable Investment: There are over 2 years remaining on the NNN lease with annual increases and two, 3-year options to extend the lease.
Healthcare Real Estate | Recession Resistant Property: Veterinary hospitals are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties.
Prime Location: The ±4,480 SF hospital is well positioned along SW Division Street, offering direct street frontage and easy access, seeing more than 30,000 vehicles per day. The property benefits from close proximity to major highways, including US-26 and Interstate 205.
Comprehensive Services | Multi-Doctor Location: Town & Country Animal Hospital offers a range of veterinary services, including emergency pet care, surgical procedures, vaccinations, dental care, and blood panels. Its diverse revenue streams provide stability and potential for growth in various service areas.
Long-Term Operating History: Since 1985, Town and Country Animal Hospital has been proudly serving the Southeast Portland, OR community and continues their commitment to personal services, compassionate care and prioritizing your pet’s continued health.
Strategically Located Facility: This center is ideally positioned near a major east-west highway and key arterial routes, offering convenient and strategic access for patients across the surrounding counties and communities.
Tenant Investment in Location: Pet hospitals rarely relocate due to the difficulty of retaining the same patients in a new location and the high costs associated with moving and build-outs.
Very Passive Lease Structure: There are minimal landlord responsibilities throughout the lease term, offering a passive investment for both local and national investors.
Robust Growth Industry: The global veterinary services market size is expected to reach $142 billion by 2025, with a CAGR of 5.6% during that period.
High-Caliber Operator: The property is leased to Lakefield Veterinary Group which operates 80+ locations in 12 states.
Favorable Demographics: This asset caters to more than 400K residents within a 5-mile radius of the site who boast an average household income of $95K.

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Tim Campbell