Banfield Pet Hospital | Long Term Triple Net Lease

Highlights:

• New Construction With a 10 Year Long-Term Triple Net (NNN) Lease and Minimal Landlord Responsibilities
• Two (2), Five (5) Year Option Periods With 2% Annual Rental Increases Throughout the Term and Option Periods
• Banfield Pet Hospital Spent More Than $700,000 on Its Build-Out, Excluding Equipment, Showing a Strong Commitment to the Site
• Over 77,392 Residents Live Within a 3-Mile Radius Making an Average Household Income of $84,232
• Strategically Located at a Signalized Intersection Duluth Highway and Lawrenceville-Suwanee Road With a Combined Traffic Count of 94,371 VPD
• Banfield Pet Hospital is Part of Mars, Inc., Which is the Largest Privately Owned Veterinary Practice in the United States With Approximately $740 Million in Annual Revenue
• Mars Petcare is a Growing Segment of Approximately 50 Brands, Made Up of About 85,000 Associates in More Than 55 Countries Who Serve the Nutrition and Health Needs of Dogs, Cats, Horses, Fish and Birds Every Day
• Lawrenceville is the County Seat of Gwinnett County and Oldest City in Metro Atlanta
• Gwinnett County is Historically One of America’s Fastest-Growing Counties and is the Second-Most Populous County in Georgia With a Current Population of Over 936,250 Residents
• Nearby Tenants Include: Home Depot, Target, Marshalls, Hobby Lobby, Office Depot, AMC Colonial 18, Gold’s Gym, Wells Fargo Bank, LongHorn Steakhouse, Firehouse Subs, Hooters, Starbucks, Chipotle, and Many More

Description:

Sands Investment Group is Pleased to Exclusively Offer For Sale the 4,000 SF Banfield Pet Hospital Located at 860 Duluth Highway in Lawrenceville, Georgia. This Deal Includes a New Construction With a 10 Year Long-Term Triple Net (NNN) Lease, Providing For a Secure Investment Opportunity. 

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