2172 NW Station Pky 8 023 pi² Commerce de détail Immeuble Andover, MN 55304 2 582 452 $ CAD (321,88 $ CAD/pi²) 6,59% Taux de capitalisation

TWG is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a Triple-Net (NNN) leased, freestanding, VCA
PineRidge Animal Hospital investment property located in Andover, Minnesota. The Tenant, VCA “Veterinary Centers of America”, has over 4 years remaining in
their extended term with 1 (one) 5-year options to extend. The lease features annual increases of 2%. The lease is a triple net with limited landlord responsibilities,
making it an ideal, low-management investment opportunity for a passive investor. Founded in 1986, VCA is a family of animal hospitals dedicated to creating a
positive impact for pets, people, and communities. They prioritize the well-being of every pet, extending their care beyond the hospitals they operate. Each hospital
takes pride in its history of excellence and its close ties to local communities. In 2017, VCA became part of the Mars family, joining forces to shape the future of
veterinary care.
VCA PineRidge Animal Hospital is strategically located on Station Parkway NW. The site benefits from superior visibility via significant street frontage and a monument
sign situated along Station Parkway NW. It shares this busy Andover area with businesses like Target, Dominos and Starbucks. The location benefits from the
frequent street traffic of Station Parkway NW., which sees 2,070 vehicles daily. The 5-mile trade area is supported by a population of 161,007 and 40,087 daytime
employees with an average household income of $122,459.