NVA NNN Lease Pet Medical Center & Spa California

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Sands Investment Group is Pleased to Exclusively Offer the NVA NNN Lease Investment Opportunity Located at 621 W Fallbrook Avenue in Fresno, California.

• Long-Term Triple Net (NNN) Lease With Over 13 Years Remaining and Minimal Landlord Responsibilities
• Annual Rental Increases and Two (5) Year Option Periods
• Corporate Guarantee From National Veterinary Associates, Inc. (NVA)
• Located Along W Fallbrook Ave and N Palm W Which Sees Over 23,030 VPD
• Property is Located in the Palm Bluffs Business/Industrial Center That Has Very Good Occupancy With Favorable Lease Rates
• NVA – Pet Medical Center & Spa Has Been Providing Pets With the Highest Quality in Veterinary Medical Care Since 1992
• NVA is the Largest Independent Operator of Freestanding Veterinary Hospitals in the World
• National Veterinary Associates Was Founded in 1996 and Consists of Over 718 Locations Throughout the United States, Canada, Australia and New Zealand
• According to the American Pet Products Association, the Veterinary Services Industry Was Estimated to Be a $42.5 Billion Segment in 2018 and Showing Continued Signs of Upward Projection
• Fresno is California’s 5th Largest City; Population Has Been Increasing Since 2013 and is Expected to Increase By 3.24% Between 2018 and 2023, Adding 34,412 Residents
• Strong Demographics – Over 82,326 People Reside Within a 3-Mile Radius Making an Average Household Income of Over $93,410
• Located 5-Miles From the California State University, Fresno Which Has an Enrollment of 24,995 Students and Offers 60 Bachelors Degrees
• Fresno is Home to Major E-Commerce Hubs Including: Amazon, Ulta and Gap – Providing Over 11,000 New Job Opportunities
• Nearby Tenant’s Include: Walmart Supercenter, Sam’s Club, Lowe’s Home Improvement, Bed Bath & Beyond, Sprouts, Fresno First Bank, Shell and Many More

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Sands Investment Group is Pleased to Exclusively Offer For Sale the Trophy Grocery Store Located at 7733 N 1st Street in Fresno, California.

• “Trophy” Single Tenant Smart & Final Extra! Located Within the Woodward Village Accompanied With Other National Tenants Such as Subway, Taco Bell and 76 Station
• Triple Net (NNN) Lease With Minimal Landlord Responsibilities – Ideal for 1031 Exchange
• Long Lease Term – Over 6 Years Remaining on Base Term With Four (5 Year) and One (4 Year 11 Months) Option Periods
• Strong Rental Increases Provides Hedge Against Inflation – 10% Increase in 2026 and First Four Option Periods – Greater of FMV or 10% at 5th Option
• Below Market Rent Provides Security For the Investor – Only $15 Per Square Foot
• Strategically Located Just a Few Blocks Off Yosemite Fwy on a Busy Signalized Corner With an Average of 110,590 Vehicles Per Day
• Smart & Final Was Acquired By Apollo Global Management in June 2019 Which Has a Superior Credit Rating and Paying a 25% Premium on Stock Shares – Reflects the Strength and Growth in the Brand
• Fresno is the 5th Most Populated City in California and is Continuing to Experience Vast Population and Industry Growth Given It’s Strategic Location Right in the Heart of the Central Valley
• Located Directly Between Los Angeles and San Francisco, Fresno Boasts an Astonishing Population Density of Over 519,000 People
• Strong Retail Corridor With Neighboring Tenants Including: Boston Market, McDonald’s, Jimmy John’s, UPS Store, Walgreens and Starbucks

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Read additional thought leadership content from SIG, specializing in triple net lease opportunities.

 

• Brand New 2017 Construction – Corporate Panera Bread with Drive Thru
• Long Term 15 Year Lease Commencing Upon Tenant Opening for Business
• Absolute Triple Net Lease with Zero Landlord Responsibilities
• 10% Rent Increases Every 5 Years
• 3 x 5 Year Options to Extend
• Outparcel to Target Anchored Shopping Center
• Features More Than 107,000+ Residents Within a 5-Mile Radius
• Average Household Income of $85,655 Within a 1-Mile Radius

 

HIGHLY STABLE NET LEASE INVESTMENT

• New 10 Year Net Leases to a National and a Regional Tenant
• Both With 10% Rental Increases Every 5 Years
• Brand New 2017 Construction

WITHIN A STRONG RETAIL CORRIDOR

• Site is an Outparcel to the Marketplace at El Paseo, a 650,000 Square Foot Retail Power Center Anchored by Target, Burlington, Marshalls, Ross and Old Navy
• Other National Major Retailers Include Ulta Beauty, Kirkland’s, Petco, Tesla, Jersey Mike’s, McDonald’s and Many More

CENTRALIZED LOCATION

• With Excellent Visibility and Freeway Access to Highway 99 with Over 67,000 Vehicles Per Day

RAPIDLY GROWING AREA

• Across From a Proposed 330-Unit Apartment Complex Development and a 134-Unit Residential Development
• Over 500-Units Being Built Within a 1-Mile Radius with Over 405 Lots Planned and Additional Residential Units Proposed

STRONG DEMOGRAPHICS

• Features More Than 107,000+ Residents Within a 5 Mile Radius
• Average Household Income of $87,287 Within a 1-Mile Radius

NUMEROUS SCHOOLS WITHIN A 1-MILE RADIUS

• River Bluff Elementary School (872 Students)
• Rio Vista Middle School (833 Students)
• Saroyan Elementary School (730 Students)
• Norman Liddell Elementary School (700 Students)
• While CSU Fresno (24,000+ Students) and Fresno City College (25,000 Students) are Located 10 Miles From the Subject Property