PetVet Animal Hospital NN Mooresville North Carolina

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Investment Offering

Tenant: PetVet – Lake Norman at Mooresville Animal Hospital
Premises: 10,000 SF
Renewal Options: 2 x 5 Years

Lease Expiration: 6/30/2031
Lease Type: NN
Rental Increases: 2% Bumps Annually

Sands Investment Group is Pleased to Present Exclusively For Sale the 10,000 SF PetVet – Lake Norman at Mooresville Animal Hospital Located at 2681 Charlotte Highway in Mooresville, NC. This Deal is Guaranteed By PetVet, One of the Largest Veterinary Operators in the Country With Over 450 Locations Nationwide. PetVet Centers Generated Approximately $1.7 Billion in Revenue For the Fiscal Year 2022, Making This an Excellent Investment.

Strong Corporate Guarantee: The Lease is Guaranteed By PetVet Care Centers, a National Veterinary Hospital Consolidator That Generated Revenue of Approximately $1.7 Billion in 2022 and Has Over 450+ Locations
Long Term Lease With Escalations: The Lease Has More Than 7 Years Remaining With Escalations of 2% Each Year
Desirable Commercial Location: Multiple Points of Access With Excellent Visibility on US-21 And NC-251 – a Major Commuter Thoroughfare That Sees Over 36,000 Vehicles Per Day
Building Was Built in 2016 Specifically Designed a Veterinary Clinic
Lake Norman Animal Hospital and Mooresville Animal Hospital Recently Consolidated Practices at This Location

In Cooperation With Sands Investment Group North Carolina, LLC – Lic. #29362 BoR: Amar Goli – Lic. NC #310575

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Tenant Overview

PETVET CARE CENTERS

PetVet Care Centers is a network Specialty and General Practice Veterinary Hospitals across the nation. Each location is operated locally and supported globally. We appreciate the differences in each and every community and support the local traditions which have made our member hospitals so successful. With PetVet Care Centers, high-quality care is always front-and-center. PetVet Care Center offers world-class business support for local practices, so hospital teams can focus on patients and their families. With more than 450 locally-led General Practice, Speciality, Emergency, and Equine hospitals, PetVet Care Centers offers outstanding care across the country. Together, the teams from Mooresville Animal Hospital and Lake Norman Animal Hospital are dedicated to providing exceptional veterinary care to pets at Lake Norman at Mooresville Animal Hospital. As a full-service veterinary hospital, we continue to offer a wide range of veterinary services to keep your pets in great health, from wellness exams and vaccinations to dental care, surgery, and exotic pet care. For almost 70 years the vets at Mooresville Animal Hospital have been proudly caring for pets from across the Lake Norman area, and we are delighted to welcome the experienced veterinarians from Lake Norman Animal Hospital to our team.

Area Overview