VCA Animal Hospital | Corporate Guarantee

RECENTLY REMODELED ASSET | LOW RENT PER SF | BACKFILL POTENTIAL

• The building was recently remodeled, including a new roof, improving long-term durability and appeal.
• Rent is below market, offering flexibility and upside potential for future leasing or repositioning.
• Tenant renewal reflects confidence in the location and reinforces the asset’s long-term viability.

FEE SIMPLE OWNERSHIP | NNN LEASE WITH 5.5 YEARS REMAINING

• Investor will benefit from fee simple ownership of both the land and building, offering full control of the asset.
• Absolute Triple Net Lease (NNN) with the tenant responsible for taxes, insurance, and all property maintenance.
• 5.5 years remain on the primary lease term with 2% annual increases providing built-in income growth.

CORPORATE-GUARANTEED LEASE IN RECESSION-RESISTANT INDUSTRY

• VCA Animal Hospitals operates over 1,000 locations nationwide and recently exercised its first lease renewal option.
• The lease is backed by VCA Corporate, offering strong credit, stability, and long-term financial security.
• The pet care industry is projected to grow to $483 billion by 2035, supported by rising ownership trends.