Veterinary Innovative Partners 3901 S Jack Kultgen Expy Soins de santé 375 m² À vendre Waco, TX 76706 984 698 € (2 628,12 €/m²) Taux de capitalisation 6,50 %

LONG-TERM NNN LEASE
There are just over 9 years remaining on the NNN lease with 2% annual increases and two, five-year options to extend.
VERY PASSIVE LEASE STRUCTURE
There are minimal landlord responsibilities throughout the lease term, offering a passive investment for both local and national investors.
SCHEDULED RENT INCREASES I HEDGE AGAINST INFLATION
The lease features 2% annual rental escalators, providing a future owner with a boost in cash flow and a hedge against inflation throughout the life of their investment.
HEALTHCARE REAL ESTATE I 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.
HIGH TRAFFIC LOCATION I DIRECT FRONTAGE
The ±4,033 SF practice is well positioned off South I-35, offering excellent visibility and direct street frontage, seeing more than 111,000 vehicles per day.
BAYLOR UNIVERSITY
Just 10 minutes away, Baylor University is a private Christian university and a nationally ranked research institution with more than 20,000 students enrolled annually. Baylor is the oldest continually operating university in Texas.
NEARBY HOSPITAL
The site is located just 2 miles from Baylor Scott & White Medical Center, a full service, 260-bed hospital offering advanced medical services that include trauma, acute care, orthopedics, sports medicine, a level III neonatal intensive care unit and the most comprehensive freestanding cancer center in the region.
FAVORABLE DEMOGRAPHICS
This asset caters to more than 130,000 residents within a five-mile radius of the site.
COMPREHENSIVE SERVICES I MULTI-DOCTOR LOCATION
Waco Animal Emergency Clinic offers a range of veterinary services including emergency pet care, surgical procedures, ultrasounds, digital x-rays, and laboratory services. Its diverse revenue streams provide stability and potential for growth in various service areas.
TENANT INVESTMENT IN LOCATION
Veterinary Hospitals rarely relocate due to the dif?culty of retaining the same patients in a new location and the high costs associated with moving and build-outs.
CONCENTRATED CORRIDOR
The property is surrounded by a mix of residential communities, schools, parks, and retail centers, including Central Texas Marketplace, the largest shopping center in Waco, anchored by Kohls, Belk, Marshalls, Petco, and HomeGoods.
ROBUST GROWTH INDUSTRY
The global veterinary services market size is expected to reach $142 Billion by 2025, with a CAGR of 5.6% during that period.
TAX FREE STATE
Texas is one of the nine income tax-free states in the U.S.
Andrew Evans, Tyler Swade, Michael Moreno, and Rahul Chhajed in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code.
Broker of Record
Patrick Graham
License No. 9005919 (TX)