Tenant Investment in Location: Veterinary hospitals rarely relocate due to high build-out costs and difficulty in retaining the same patients after moving. Very Passive Lease Structure: This investment offers investors a potential investor a very passive “hands-off” investment for both local and national investors. Ideal 1031 Exchange Property: With a long-term lease, 15% rental increases every 5 years, and minimal landlord responsibilities, this is an ideal property for a local or out of state investor. 5% Admin Fee: The lease is structured to include an additional 5% administration fee that increases the return. The admin fee is calculated in the NOI Expanding Operations: AmeriVet Veterinary Partners is a premier veterinary operator that expands by acquiring existing veterinary practices that are already successful and established within the community. $99 Billion Industry: The global veterinary services market size is expected to reach $142 Billion by 2025, with a CAGR of 5.6% during that period. Specialized Large Animal Services provided at subject property: Large animal veterinary services are specialized veterinary services that are focused on the health and well-being of large animals such as cows, horses, pigs, sheep, and goats. A large animal vet, also known as a livestock veterinarian, is a veterinarian who is specifically trained to diagnose, treat, and prevent disease in these types of animals. Keegan Mulcahy and Chuck Evans (In conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code) Broker of Record Patrick Graham License No. 9005919 (TX)