NVA - Peotone Animal Hospital 431 S Governors Hwy Local commercial 299 m² À vendre Peotone, IL 60468 1 212 698 € (4 061,41 €/m²) Taux de capitalisation 7,25 %

The Boulder Group is pleased to exclusively market for sale a single tenant, net leased Peotone Animal Hospital property located within the Chicago MSA in Peotone, Illinois. The tenant has operated successfully at this location since 2018 and demonstrated long-term commitment by recently extending their lease through June 2035. The lease extension includes annual rental escalations throughout the primary term, with two additional 7-year renewal options. Speci?cally, it provides for uncapped CPI-based increases through 2028, followed by ?xed 2.5% annual escalations thereafter. Peotone Animal Hospital has been serving the local community since 1952 and was acquired in 2021 by National Veterinary Associates (NVA), one of the largest veterinary service providers in the United States. NVA is a wholly owned subsidiary of JAB Holding Company, a privately held investment firm with an investment-grade credit rating (S&P: BBB).
The 3,214 square-foot building is strategically positioned along South Governors Highway (Illinois Route 50), which sees over 9,800 vehicles per day. The property also benefits from proximity to Interstate 57, a major regional thoroughfare carrying over 37,000 vehicles daily and providing direct access to the Chicago metropolitan area. The property benefits from the limited veterinary competition in the area - the nearest clinic is found more than 7 miles south. Notable nearby retailers and attractions include CVS, Ford, Chevrolet, Buick, Subway, the Will County Fairgrounds, and Peotone High School. There are over 45,000 people living within a ten-mile radius of the property. Those of which earn a six-figure average household income of $109,070.
Peotone Animal Hospital is a full-service veterinary clinic located in Peotone, Illinois. Established in 1954, the practice provides a wide range of veterinary services including preventive care, diagnostics, surgery, dental care, and emergency services. The facility serves both small animals and companion pets, operating from a dedicated clinic designed to accommodate general exams, surgical procedures, and in-house laboratory diagnostics. Peotone Animal Hospital was acquired by National Veterinary Associates (NVA) in 2021. NVA is a leading global pet care organization that owns and operates over 1,000 veterinary hospitals across the United States and Canada.