DONE DEALS  | 

10006 SQ FEET

SINGLE TENANT NET LEASE NATIONAL CREDIT VET CLINIC

15950 Great Oaks Drive, Round Rock, TX

PROPERTY HIGHLIGHTS


• STNL National Credit Vet with over 950 locations

• Could be a great opportunity for buyers who are looking to invest

1031 proceeds.

• National credit “essential business” tenant with annual rent

bumps, in a good location, and surrounded by other medical

businesses.

• With over 950 locations, National Veterinary Associates (NVA™)

is the largest private owner of freestanding veterinary hospitals

in the United States. (source: LinkedIn)

• According to research from the American Pet Products

Association and the American Veterinary Association, over 50%

of the households in the US have a pet and most people consider

their pet to be a family member.

• USA Today reports on 4/28/20 “America’s animal shelters have

been transformed during the COVID-19 pandemic by surging

adoptions…”


 


RENT ESCALATIONS: Jan 31st of each year the rent increases per CPI for all urban consumers in the metropolitan area.

LEASE EXPIRATION: 7/31/27

LEASE TYPE: NNN

LANDLORD RESPONSIBILITIES: Roof and Structure

TENANT: Round Rock Management Co. dba Great Oaks Animal Hospital

LEASE GUARANTOR: National Veterinary Associates, Inc

LAND SIZE: 1.4 Acres

TOTAL BUILDING SF: 10,006

YEAR BUILT: 1999/2002

ZONING: City of Round Rock ETJ

 

  • sold in great oaks

AGENT CONTACTS

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