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10 Walsh Lane, Fredericksburg, VA, 22405

VCA White Oak Animal Hospital
$2,543,200

Key Information

Cap Rate
6.75%
$ per SF
$398
Tot. SF
6,390
Lot Size
2 Acres
Year Built
2004
Term Remaining
± 7.49 Years
Type
Healthcare
Occupancy
100%
NOI
$171,666

Highlights

• Stable Investment – ±7.49 years remain on the corporate-guaranteed NNN lease, featuring built-in 2% annual rent increases and two, 5-year renewal options, providing long-term income stability and predictable cash flow growth.
• Scheduled Rent Increases | Built-In Inflation Protection – The lease includes 2% annual rent escalations, creating consistent NOI growth and helping hedge against inflation over the life of the investment.
• Healthcare Real Estate | Recession-Resistant Asset – Veterinary hospitals continue to be highly sought-after investments due to their resilience during economic downturns and insulation from e-commerce disruption affecting traditional retail properties.
• National Veterinary Operator | Corporate Guarantee – The property is occupied by VCA Animal Hospitals, Inc., one of the nation’s leading veterinary care providers and a subsidiary of Mars, Incorporated, offering strong corporate tenancy and institutional-grade credit backing.
• Purpose-Built Veterinary Facility – The ±6,390 SF facility was specifically designed for veterinary use and is situated on ±2.00 acres, featuring a functional layout, dedicated parking, and infrastructure suited for long-term clinical operations.
• Tenant Investment in Location – Veterinary operators typically maintain long-term occupancy due to the significant costs associated with relocation, specialized build-outs, equipment installation, and the importance of retaining an established client base.
• Strategic Fredericksburg Location – Located at 10 Walsh Lane in Fredericksburg, VA, the property benefits from strong regional connectivity, expanding residential growth, and proximity to major retail corridors and healthcare-related demand drivers.
• Passive Lease Structure – The NNN lease structure provides a passive investment opportunity with limited landlord obligations, appealing to both local and national investors seeking stable management-free income.
• Growing Veterinary Industry – The veterinary services industry continues to experience strong long-term growth driven by increasing pet ownership, rising consumer spending on pet healthcare, and continued demand for companion animal services nationwide.

Photos

Location

Agents

Broker of Record

Matthews Real Estate Investment Services, Inc

License # 225225982, 226035518 (VA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203