Blue River PetCare Portfolio | New York
Sands Investment Group is Pleased to Present Exclusively For Sale the Blue River PetCare Portfolio NN Located at Endwell, NY & Johnson City, NY. This Deal Includes Two Blue River PetCare With Approximately 7 Years Remaining on the Initial Lease Term and 2% Annual Rental Increases Throughout the Term, Steadily Growing the NOI and Hedging Against Inflation, Providing For a Long-Term Investment.
- This is a Double Net (NN) Lease With Landlord Responsibilities Limited to Roof and Structure
- Blue River PetCare is a Leading Operator of Veterinary Hospitals, Managing Over 180 Hospitals Across the Country
- Approximately 7 Years Remaining on the Initial Lease Term, Providing For a Long-Term Investment
- The Lease Features 2% Annual Rental Increases Throughout the Term, Steadily Growing the NOI and Hedging Against Inflation
- The Veterinary Services Market Has Had Significant Revenue Growth of 11.40% Since 2019 and is Expected to Reach $56.6 Billion By 2029
- Veterinary Hospitals Are Sound Investments as They Are Pandemic, E-Commerce Resistant and Have Low Relocation Rates Due to High Relocation Costs
In Cooperation With SIG RE Services NY LLC – Lic. #10991233211 BoR: Andrew Ackerman – Lic. NY #10491210161
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