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264 Middlesex Turnpike, Chester, CT, 6412

CHESTER VETERINARY CLINIC
Closed

Key Information

Term Remaining
±3.35 YRS
Type
Healthcare
Occupancy
100%
Leasable Area
6,800

Highlights

INVESTMENT HIGHLIGHTS

  • COMPREHENSIVE SERVICES | MULTI-DOCTOR LOCATION – The clinic offers a wide range of services, including preventive care, wellness exams, microchipping, echocardiography, digital radiology, ultrasound, dental care & surgery, spray & neuter procedures, advanced soft tissue surgery, cryosurgery, and emergency pet care.
  • 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.
  • SCHEDULED RENTAL INCREASES | HEDGE AGAINST INFLATION – The lease features 2% annual rental increases, providing a future owner with a consistent growth in cash flow and a built-in hedge against inflation throughout the life of their investment.
  • TENANT INVESTMENT IN LOCATION – Pet Hospitals rarely relocate due to difficulty retaining the same patients in a new location and the high costs associated with moving and buildouts.
  • EASY ACCESS TO SURROUNDING MARKETS – This hospital is positioned along Route 154, with immediate access to Route 9, a major north- south highway connecting Chester to Hartford, New Haven, Middletown, and the Connecticut shoreline. The property benefits from strong regional connectivity, allowing easy access to major employment centers, residential communities, and healthcare hubs across central and southern Connecticut.
  • AFFLUENT AND STABLE COMMUNITY – Chester’s median household income is well above both state and national averages, reflecting a community with the financial capacity to invest in high quality veterinary care for their pets.
  • VetCor | 906 PARTNER PRACTICES | 15,670 TEAM MEMBERS – VetCor is one of the largest and most established veterinary consolidators in North America. Founded in 1997 and headquartered in Norwell, Massachusetts, the company has grown to include over 900 veterinary hospitals across the U.S. and Canada. It is backed by leading private equity firms including Harvest Partners, Cressey & Company, and Oak Hill Capital, which collectively manage over $37 billion in assets and provide strong institutional support. VetCor distinguishes itself through a decentralized operating model that allows each hospital to retain its local identity while benefiting from centralized administrative resources that enhance efficiency and support long-term growth.
  • ROBUST GROWING INDUSTRY – The veterinary services industry has experienced steady growth in recent years at a compound annual growth rate (CAGR) of 4.7%, with a U.S. market size reaching $66B and profit margins of 14.4%. The market is projected to expand at a CAGR of 1.2% over the next five years, reaching $70B by 2029.

 

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Location

Agents

Broker of Record

Kyle Matthews

License # REB.0790986 (CT)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203