Broadstone Net Lease has acquired two properties located in Worthington, Ohio and Carmel, Indiana tenanted by MedVet Associates, LLC. The properties are both veterinary hospitals, and were acquired via a sale leaseback transaction.
MedVet provides specialty and emergency veterinary care services for dogs and cats in a hospital setting, and operates additional veterinary hospitals, clinics, practices, laboratories, pharmacies, and other facilities throughout the U.S.
- Closing Date: April 8, 2016
- Square Footage: 71,353
- Lease Type: Triple-net
- Lease Length: 15 Years
- Rent Increases: 2.50% annually
- Broker/Source: Shad Phipps/CB Richard Ellis
Note: The brand listed may not represent BNL’s actual tenant but a lease guarantor, tenant franchise or a D/B/A (doing business as).