Peotone Animal Hospital

Stable Investment – There are just under ±10 years remaining on the NNN lease with annual increases and two, seven-year options to extend the lease.
Scheduled Rental 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.
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 ±3,214 SF practice is ideally located along Governors Hwy, offering excellent visibility and easy access to major transportation routes, including IL-50 and I-57. This asset caters to a population with an average household income of over $97K within a 5-mile radius of the site.
Comprehensive Services | Multi-Doctor Location – Peotone Animal Hospital offers a range of veterinary services, including dentistry, surgical procedures, laser therapy, diagnostic ultrasounds, farm animal ambulatory services, and laboratory services. Its diverse revenue streams provide stability and potential for growth in various service areas.
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.
Concentrated Corridor – The property is surrounded by a mix of residential communities, schools, parks, hospitals, and major retailers, including CVS, Riverside Community Health Center, Peotone Park District, Sunset Plaza Shopping Mall, Will County Fairgrounds, and Peotone High School all just ±2 miles away.
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.

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Matthew M. Fitzgerald