NATIONAL VETERINARY ASSOCIATES

INVESTMENT HIGHLIGHTS

• STABLE LONG-TERM INVESTMENT- There are just under 5 years remaining on the lease with annual CPI rental increases and two (2), five-Year options to extend.
• PASSIVE LEASE STRUCTURE- There are minimal landlord responsibilities throughout the lease term, offering a passive investment for both local and national investors.
• 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.
• STRATEGIC LOCATION- The ±15.74 AC property is well positioned along Interstate 84 seeing more than 79K vehicles per day.
• CATERS TO NEARBY AFFLUENT POPULATIONS- This asset caters to nearby affluent populations making an average household income of more than $157k within a 3-mile radius of the site.
• EASILY ACCESSIBLE- Brewster is strategically located in Putnam County, offering proximity to major highways like I-84 and I-684, making it accessible to both New York City and Connecticut.
• COMPREHENSIVE SERVICES- Miller & Associates offers a range of equine veterinary services including preventative care exams, sports medicine and therapy, dental care, clinical assessments, and CEM quarantine. Its diverse revenue streams provide stability and potential for growth in various service areas.
• NATIONAL VETERINARY ASSOCIATES- NVA is the leading provider of veterinary services in North America with more than 1,400 general practice clinics, emergency hospitals, equine practices, and pet resort facilities.
• 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.