VCA ANIMAL HOSPITAL | NNN LEASE | RECENT RENOVATIONS | CORP GUARANTY (1,000+ LOCATIONS) • Veterinary Centers Of America (VCA) Corporate Guaranty - Lease features a corporate guaranty from VCA, the largest operator of veterinary hospitals in the United States, supporting 1,000+ practices nationwide. • Global Industry Leader - MARS, INC. - VCA is owned by Mars, Inc., a privately held multinational company with over $50 billion in annual revenue. Mars operates a diverse portfolio including pet care, veterinary services, food, and confectionery, and is ranked as the 4th largest privately held company in the U.S. (Forbes). • NNN Lease - This NNN lease provides an extremely passive investment vehicle with minimal landlord responsibilities. • Prime Location – Positioned along Thousand Oaks Drive in North San Antonio, near the Stone Oak submarket, one of the city’s most desirable master-planned communities. The area is characterized by high household incomes, dense residential development, and a strong retail and medical presence. • Recent Property Renovations – The building underwent an interior renovation in 2022, significantly improving functionality and presentation. Additionally, a new roof was installed approximately two years ago, and the gutters were recently replaced, representing meaningful capital improvements that support long-term durability and ownership. • Over 10 Years OF AAHA Accreditation – A distinction earned by only about ±15% of veterinary practices in the U.S. This accreditation signifies that the hospital meets or exceeds over 900 rigorous standards for patient care, safety, and operational excellence. Practices that achieve AAHA accreditation often see measurable business benefits – including higher revenue, improved client retention, increased new patient acquisition, and reduced client lapses. • Long Term Commitment To The Site – VCA (previously Pet's Choice Inc.) acquired the practice in 1999 and has operated at this location for over 25 years, demonstrating strong tenant stability and a proven commitment to the site. • Largest Global Veterinary Services Network – Mars Veterinary Health owns and operates ± 3,000 veterinary clinics and hospitals worldwide, including VCA, Banfield Pet Hospital, BluePearl Pet Hospital, and AniCura. • Tenant Investment In Location - Veterinary hospitals hardly ever relocate due to the high costs associated with moving and difficulty retaining the same patients in a new location. They are also very well insulated from e-commerce competition and resilient to economic downturns. • Robust Industry Growth - The global veterinary services market, valued at $150 billion in 2024, is projected to grow at a 7.45% CAGR from 2023 to 2030. • Key Pet Ownership Statistics In The US – — 72% of households in the US, or 95 million households, own a pet. This increase in pet ownership trend has fueled demand for veterinary services, including preventive care, diagnostics and treatments. — The average US dog owner spends about $2,524 per year on recurring pet costs. — People spent $147 billion on pets in 2023, $152 billion on pets in 2024, and $158 billion in 2025.