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250 Central Avenue, White Plains, NY, 10606

VCA Bond Animal Hospital
$1,333,333

Key Information

Cap Rate
10.51%
Term Remaining
±1.50 YRS
Type
Healthcare
Occupancy
100%
NOI
$140,184
Leasable Area
3,250

Highlights

  • Full-Service Veterinary Hospital – This facility offers a full spectrum of veterinary services, including general and soft tissue surgery, internal medicine, hospitalization, and wellness care. Additional specialties include dermatology, dental care, ultrasound, digital radiology, EKG, and cold laser therapy. The hospital also provides routine and preventive services such as spay and neuter procedures, vaccinations, immunizations, microchipping, and compassionate end-of-life care.
  • Over 70 Years Of Trusted Service – Founded in the early 1950s, this practice is a well-known staple in the White Plains community and reflects its longstanding commitment to provide high-quality pet care to pets and their families.
  • NNN Lease – This NNN lease provides an extremely passive, hands-off investment, with the landlord solely being responsible for the foundation and structure of the building.
  • Scheduled Rental Increases | Hedge Against Inflation – The lease features 2% annual rental increases, providing a future owner with a boost in cash flow and a hedge against inflation throughout the life of their investment.
  • Veterinary Centers Of America (VCA) Corporate Guaranty – The lease features a corporate guaranty from VCA, the largest operator of veterinary hospitals across the United States, supporting over 1,000 practices nationwide.
  • Private Equity Sponsorship | Mars, INC. – Mars, Inc. is a privately held multinational corporation generating more than $50 billion in annual revenue, with a diverse portfolio that includes pet care, veterinary services, food, and confectionery. Ranked as the fourth largest privately held company in the United States, Mars strengthened its position in animal health with the $9.1 billion acquisition of VCA Animal Hospitals in 2017, creating one of the nation’s largest veterinary platforms and reinforcing its reputation as a premier healthcare investor

Photos

Location

Agents

Broker of Record

Cory Rosenthal

License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203