Sands Investment Group is Pleased to Exclusively Offer For Sale the 8,500 SF NVA – Pet Medical Center & Spa Located at 621 W Fallbrook Avenue in Fresno, CA. This Opportunity Includes Over 13 Years Remaining on a Triple Net Lease (NNN) and a Corporate Guarantee From National Veterinary Associates, Inc. (NVA), Providing For a Secure Investment.
Long-Term Triple Net (NNN) Lease with over 13 years Remaining and Minimal Landlord Responsibilities
Annual Rental Increases and Two (5) Year Option Periods
Corporate Guarantee From National Veterinary Associates, Inc. (NVA)
Located along W Fallbrook Ave and N Palm W Which Sees Over 23,030 VPD
Property is Located in the Palm Bluffs Business/Industrial Center That Has Very Good Occupancy with Favorable Lease Rates
NVA-Pet Medical Center & Spa Has Been Providing Pets with the Highest Quality in Veterinary Medical Care Since 1992
NVA is the Largest Independent Operator of Freestanding Veterinary Hospitals in the World
National Veterinary Associates Was Founded in 1996 and Consists of Over 718 Locations Throughout the United States, Canada, Australia and New Zealand
According to the American Pet Products Association, the Veterinary Services Industry Was Estimated to be a $42.5 Billion Segment in 2018 and Showing Continued Signs of Upward Projection
Fresno is California's 5th Largest City; Population Has Been Increasing Since 2013 and is Expected to Increase By 3.24% Between 2018 and 2023, Adding 34,412 Residents
Strong Demographics - Over 82,326 People Reside within a 3-Mile Radius Making an Average Household Income of Over $93,410
Located 5-Miles From the California State University, Fresno which has an Enrollment of 24,995 Students and Offers 60 Bachelors Degrees
Fresno is Home to Major E-Commerce Hubs Including: Amazon, Ulta, and Gap - Providing over 11,000 New Job Opportunities
Nearby Tenant's Include: Walmart Supercenter, Sam's Club, Lowe's Home Improvement, Bed Bath & Beyond, Sprouts, Fresno First Bank, Shell and Many More
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