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VCA Orange Animal Hospital 1100 W Chapman Ave 6,156 SF Retail Building Orange, CA 92868 $4,661,253 CAD ($757.19 CAD/SF) 6% Cap Rate



INVESTMENT HIGHLIGHTS
- Corporate-guaranteed lease by VCA, a Mars, Inc. subsidiary
- Tenant recently exercised renewal option, ±5 years remain
- AAHA-accredited, full-service veterinary hospital
- True NNN lease with minimal landlord obligations
- Located in affluent Orange County with strong demographics
- Positioned near Disneyland, CHOC Hospital, and Chapman University
EXECUTIVE SUMMARY
Nestled in the heart of Orange County, the VCA Orange Animal Hospital presents a rare net-leased investment opportunity backed by a corporate guaranty from VCA Animal Hospitals, Inc.—a subsidiary of Mars, Inc., one of the largest privately held companies in the U.S. This AAHA-accredited, full-service veterinary hospital is a high-performing location within the VCA network, offering diagnostic, surgical, and wellness services. The tenant recently exercised a renewal option, reinforcing long-term commitment and operational stability.
The property benefits from a true NNN lease structure, minimizing landlord responsibilities to only foundational and structural elements. With ±5 years remaining on the current lease term and two additional 5-year options, investors gain inflationary protection through 2% annual rent increases. The site is strategically positioned along Chapman Avenue, a major commercial corridor surrounded by retail, dining, and medical services, and just minutes from Disneyland Resort, CHOC Children’s Hospital, and Chapman University.
Orange County’s affluent demographics, with over 350,000 residents within a 5-mile radius and average household incomes exceeding $120,000, support strong demand for veterinary services. The hospital’s role as a teaching site for veterinary students and its collaboration with emergency clinics further solidify its importance in the regional pet care ecosystem. With barriers to new development in this supply-constrained market, this asset offers irreplaceable value and long-term upside.
The property benefits from a true NNN lease structure, minimizing landlord responsibilities to only foundational and structural elements. With ±5 years remaining on the current lease term and two additional 5-year options, investors gain inflationary protection through 2% annual rent increases. The site is strategically positioned along Chapman Avenue, a major commercial corridor surrounded by retail, dining, and medical services, and just minutes from Disneyland Resort, CHOC Children’s Hospital, and Chapman University.
Orange County’s affluent demographics, with over 350,000 residents within a 5-mile radius and average household incomes exceeding $120,000, support strong demand for veterinary services. The hospital’s role as a teaching site for veterinary students and its collaboration with emergency clinics further solidify its importance in the regional pet care ecosystem. With barriers to new development in this supply-constrained market, this asset offers irreplaceable value and long-term upside.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
6,156 SF
Building Class
C
Year Built/Renovated
1982/2003
Price
$4,661,253 CAD
Price Per SF
$757.19 CAD
Cap Rate
6%
NOI
$279,675 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.44
Lot Size
0.32 AC
Zoning
C2
Parking
26 Spaces (4.22 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
Walk Score®
Very Walkable (89)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 041-033-15 | Improvements Assessment | $1,236,045 CAD |
| Land Assessment | $698,830 CAD | Total Assessment | $1,934,875 CAD |
PROPERTY TAXES
Parcel Number
041-033-15
Land Assessment
$698,830 CAD
Improvements Assessment
$1,236,045 CAD
Total Assessment
$1,934,875 CAD
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VCA Orange Animal Hospital | 1100 W Chapman Ave
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