Fremont Animal Hospital

• Strong Credit: The Fremont Animal Hospital is leased to and backed by NVA (National Veterinary Associates). NVA is one of the largest private operations of veterinary services globally with over 1,300 locations worldwide.
• Healthcare Real Estate: Veterinary hospitals are extremely sought after investments due to their resistance to downturns in the economy and e-commerce trends that affect traditional retail and QSR properties.
• Significant Term Remaining: NVA currently has 5 years remaining on their current lease term with two, 5 year options remaining.
• Tenant Investment In Location: Pet hospitals rarely relocate or vacate due to the difficulty of retaining the same client base and patients in a new location, coupled with high build out and moving costs.
• Yearly CPI Increases: This investments acts as a hedge against inflation with yearly CPI increases included in the terms of the lease.
• Passive “Mailbox Money” Investment: The tenant operates under a NNN lease structure, minimizing landlord responsibilities and management requirements. This provides a passive investment opportunity for a new owner.
• Strong Local Feedback: This veterinary clinic is the highest-rated clinic in the Fremont, OH area based on Google Reviews, earning a 4.7-star rating across nearly 600 reviews. The clinic’s consistently positive feedback reflects its strong reputation, quality of care, and established connection with the local community.
• Attractive In Place Yield: The going in cap rate of 7% allows a new owner to appreciate strong cash flow, and the yearly CPI increases allow you to benefit from higher returns in the coming years.
• Position In The Market: The Fremont Animal Hospital is located in the heart of the retail corridor in Fremont, OH, surrounded by dozens of national retails and hoteliers such as Walmart, Lowes, Aspen Dental, Harbor Freight, Pet Supplies Plus, Buffalo Wild Wings, Jersey Mike’s, Chipotle, and more.