The Grove Animal Hospital-Locust-Grove-GA |MATTHEWS

There are ±18.40 years remaining on the lease, providing long-term income stability with a corporate guaranty and a proven veterinary operator.
The lease features 3% annual rental increases, offering consistent NOI growth and protection against inflation.
Suveto is a national veterinary platform providing operational and financial support to veterinary practices, offering strong tenancy backed by a corporate guarantee.
This is a true NNN lease with minimal landlord responsibilities. Tenant handles maintenance, HVAC, and general upkeep, while landlord is responsible for replacement of roof/foundation.
Built in 2009, the ±9,848 SF facility sits on ±2.76 acres, offering a purpose-built veterinary facility with long-term utility and tenant commitment.
Veterinary facilities are highly specialized and costly to relocate, creating strong tenant stickiness and long-term occupancy stability.
The property offers a 6.25% cap rate on $445,578 NOI, providing investors with stable cash flow from a healthcare-oriented asset class.
The lease includes a 25-year original term with two (2) 10-year renewal options, no ROFO/ROFR, and financial reporting requirements, enhancing transparency and long-term control.

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