FourPaws Animal Clinic Investment Opportunity 4 Monckton Blvd

4 Monckton Boulevard offers a prime investment opportunity with nine years remaining on the current tenant's initial lease term and options to extend for three additional 5-year terms. The lease includes annual rental increases of 2%, ensuring consistent income growth. The property is occupied by Thrive, an innovative leader in veterinary care with over 400 locations nationwide. With limited landlord responsibilities confined to maintenance of premises, structure and roof which was replaced in 2018 with a transferable warranty, this asset is ideal for passive investors seeking low-management requirements.
Strategically positioned along Trenholm Road, the property boasts excellent street visibility with significant frontage and a prominent large sign. It offers convenient access via a signalized intersection at the high-traffic corridor of Trenholm Road (±18,000 VPD) and Monckton Boulevard. Located adjacent to the bustling Trenholm Plaza, home to premier retailers such as Publix, Sephora, Anthropologie, Starbucks, The Fresh Market, HomeGoods, J. Crew and more, the property benefits from strong retail synergy. Additionally, it is a short drive from the $100 million Richland Mall redevelopment, which will feature a grocery store, retail spaces, a Forest Acres park and 500 apartments, further enhancing the area's appeal and growth potential.
This property combines long-term tenant stability, predictable income growth, minimal management responsibilities and a highly desirable location, making it an excellent choice for investors looking to capitalize on a thriving commercial environment.
For more information, download the flyer and contact the listing broker.