INVESTMENT HIGHLIGHTS

• 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 Mission Veterinary Partners – Subject property was acquired by Mission Veterinary Partners, one of the largest veterinary operators in the country with 300+ locations, in December of 2021 and signed a 10-year lease – showing commitment to this practice
• 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
• Located in Akron, OH – Subject property is located in Akron, OH, the 5th largest city in Ohio. Akron’s MSA has a population of ±700,000 as of 2020
• Dense Demographics – Subject property hosts north of 58,000 residents in a 3-mile radius, and ~ 160,000 residents in a 5-mile radius
• High Traffic/Consumer Corridor – Subject property sits on Merriman Road, which sees roughly 17,000 VPD. The immediate area to the hospital is a consumer driven retail area; including a McDonald’s, which is 3 parcels from the hospital