INVESTMENT HIGHLIGHTS

• STABLE LONG-TERM INVESTMENT | OPTIONS TO EXTEND- There are just under 12 years remaining on the leases with two, 5-year options to extend.
• COMPREHENSIVE SERVICES | MULTI-DOCTOR LOCATIONS- Cedarcrest Animal Hospital offers a wide range of services, including wellness exams, vaccinations, parasite control, dental care, microchipping, hospice & euthanasia, blood & lab tests, X-rays, ultrasound, tonometry, EKG, laser therapy, anesthesia, spay & neuter, soft tissue surgery, mass removal, dental surgery, boarding & grooming, and playcare.
• Butler Creek Animal Hospital- offers a wide range of services, including wellness exams, vaccinations, parasite control, dental care, microchipping, hospice & euthanasia, pocket pet care, internal medicine, cardiology, oncology, ophthalmology, OFA certification, endocrinology, acupuncture, laser therapy, physical rehabilitation, behavior therapy, chiropractic care, rabbit care, anesthesia, spay & neuter, soft tissue surgery, mass removal, laser surgery, dental surgery, and boarding & grooming.
• 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 leases feature 3% annual rental increases, providing a future owner with a boost in cash flow and a hedge against inflation throughout the life of their investments.
• 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.
• BELOW REPLACEMENT COST- Priced at a blended $257 per square foot, the portfolio is being offered well below current replacement costs for veterinary facilities of this caliber.
• AFFLUENT DEMOGRAPHICS- Cedarcrest Animal Hospital caters to over 68,000 residents within a 5-mile radius with an average household income of $140,180. Butler Creek Animal Hospital caters to over 139,000 residents within a 5-mile radius with an average household income of $119,925.
• 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.
• SOUTHERN VETERINARY PARTNERS- Both properties are leased to Southern Veterinary Partners, one of the largest and most reputable veterinary networks in the country. In
  December 2024, Southern Veterinary Partners merged with Mission Veterinary Partners, bringing together two industry leading operators. The combined group now includes over 800 hospitals across 41 states, supported by a team of approximately 18,000 professionals, significantly enhancing the credit profile and long-term stability of the tenant.
• PRIVATE EQUITY SPONSORSHIP– Founded in 2009, Shore Capital Partners is a Chicago-based private equity firm with 77 platform investments and approximately $12.5 billion
  in assets under management, known for its hands-on, growth-oriented approach to building founder-led businesses. In 2014, Shore launched Southern Veterinary Partners (SVP) with just three clinics, followed by the formation of Mission Veterinary Partners (MVP) in 2017. By 2024, the two platforms had scaled to over 800 hospitals across 41 states. That same year, Shore partnered with Silver Lake to merge SVP and MVP in an $8.6 billion recapitalization, creating one of the largest veterinary platforms in the U.S. and solidifying Shore’s reputation as a leading healthcare investor.
• Cedarcrest Animal Hospital:
  • Over 90 new-construction homes are actively underway within a 0.3 to 2-mile radius, ranging from mid-level to luxury prices.
  • Surrounded by established master-planned communities offering parks, walking trails, and access to top-rated schools, including Ford Elementary, Durham Middle, and Allatoona High School, all ranked among the top schools in the state.
• Butler Creek Animal Hospital:
  • Zoned to award-winning Cobb County Schools, including Harrison High School and Due West Elementary.
  • Within 1-mile from prominent national retailers and food chains such as Lowe’s, Walmart, Starbucks, The Home Depot, Target, Taco Bell, Kohls, Dollar Tree, PetSmart, Arby’s, Wendy’s, Chick-fil-A, and ALDI.