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1004 Broad St, Milliken, CO, 80543

VCA Milliken Animal Hospital
Closed

Key Information

Term Remaining
±5.7 YRS
Type
Healthcare
Occupancy
100%
Leasable Area
5,605

Highlights

  • Full-Service Veterinary Hospital – This facility offers a full spectrum of veterinary services, including soft tissue surgery, cold laser therapy, anesthesia, dental care and dental x-rays, euthanasia services, full diagnostics, general surgery, geriatric medicine, health exams, hospice care, hospitalization, radiology, spays and neuters, microchipping, and vaccinations.
  • Stable Investment – Approximately ±6 years remain on an NNN lease with the landlord solely responsible for the foundation and structure of the building, making this an attractive passive investment opportunity for both local and national investors.
  • Scheduled Rental Increases | Hedge Against Inflation – The lease features 2% annual rental increases, providing a future owner with a boost in cash flow and a hedge against inflation throughout the life of their investment.
  • Veterinary Centers of America (VCA) Corporate Guarantee – The lease features a corporate guarantee from VCA, the largest operator of veterinary hospitals across the United States, supporting over 1,000 practices nationwide.
  • Private Equity Sponsorship | Mars, Inc. – Mars, Inc. is a privately held multinational corporation generating more than $50 billion in annual revenue, with a diverse portfolio that includes pet care, veterinary services, food, and confectionery. Ranked as the fourth largest privately held company in the United States, Mars strengthened its position in animal health with the $9.1 billion acquisition of VCA Animal Hospitals in 2017, creating one of the nation’s largest veterinary platforms and reinforcing its reputation as a premier healthcare investor.

Photos

Location

Agents

Broker of Record

Brayden Conner

License # EC.100099522 (CO)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203