Animal Eye Clinic Of Pensacola

Stable Investment: There are approximately 5.00 years remaining on the NNN lease, featuring built-in annual rent bumps of 2% and one (1), five (5) year renewal option.
Prime Coastal Location: Located in Fort Walton Beach, Florida, the property benefits from strong tourism, population growth, and proximity to major corridors including Eglin Parkway, supporting consistent demand for veterinary services.
Scheduled Rental Increases: The lease includes annual rent escalations of 2%, providing steady income growth and a natural hedge against inflation.
Healthcare Real Estate: Veterinary assets are considered highly resilient, supported by non discretionary pet care spending and strong industry fundamentals even during economic downturns.
Established Veterinary Operator: The property is leased to Animal Eye Clinic of Pensacola, an experienced operator with an established presence and loyal client base.
Tenant Investment in Location: This purpose-built facility is critical to ongoing operations, with significant tenant investment in specialized build-outs, reducing relocation risk and supporting long-term tenancy.
Very Passive Lease Structure: The NNN lease structure minimizes landlord responsibilities, offering a passive investment opportunity for both local and national investors.
Strong Industry Fundamentals: The global veterinary services market continues to expand, projected to reach over $140 billion by 2026, driven by increasing pet ownership and higher spending on animal healthcare.

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Kyle Matthews