BROOK-FALLS VETERINARY HOSPITAL

INVESTMENT HIGHLIGHTS

• STABLE LONG-TERM INVESTMENT | OPTIONS TO EXTEND: There are just under 10 years remaining on the lease with 2.00% annual increases and three (3) five (5) year options to extend.
• SCHEDULED RENTAL INCREASES | HEDGE AGAINST INFLATION: The lease features 2.00% annual rental increases, providing a future owner with a boost in cash flow and a hedge against inflation throughout the life of their investment.
• 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.
• TENANT INVESTMENT IN LOCATION: Pet Hospitals rarely relocate due to difficulty retaining the same patients in a new location, and the high costs of moving and build-outs.
• PRIME LOCATION: The ±16,700 SF practice is well positioned along Lisbon Rd with excellent visibility and easy accessibility. The property benefits from proximity to major highways including Interstate 41 providing connectivity to Milwaukee and surrounding regions.
• MENOMONEE FALLS, WI: Menomonee Falls is home to several notable companies including Kohls Corporation and Enerpac Tool Group.
• FAVORABLE DEMOGRAPHICS: This asset caters to more than 161K residents within a 5-mile radius of the site who boast an average household income of more than $140k.
• COMPREHENSIVE VETERINARY SERVICES | MULTI-DOCTOR LOCATION | ONLY PRACTICE TO OFFER EXOTIC CARE IN AREA: Brook-Falls Veterinary Hospital & Exotic Care, Inc., is one of the only practices in the area to offer comprehensive veterinary care services for exotic animal species ranging from wellness exams, vaccinations, surgery, dental care, diagnostic services, emergency care, boarding, and grooming. Its diverse revenue streams provide stability and potential growth in various services.
• MISSION VETERINARY PARTNERS: Mission Veterinary Partners is one of the leading networks of veterinarian-owned and managed general practice animal hospitals with more than 300+ locations across 35 states.
• PRIVATE EQUITY BACKING: In partnership with Chicago-based private equity firm, Shore Capital, Mission Veterinary Partners was formed in 2017. Shore targets investments in proven, successful private companies with superior management teams, stable cash flow, and significant growth potential, including organic and growth through industry consolidation. Shore has over $7 billion of assets under management and in additional investment platforms to which it provides business and operational consulting services. With the backing of Shore Capital, MVP has more opportunities for growth and support.
• ROBUST INDUSTRY GROWTH: The global veterinary services market size is expected to reach $142 Billion by 2025, with a CAGR of 5.6% during that period.