Rare opportunity to acquire a fully stabilized NNN-leased investment property in the heart of Deerfield Beach. This single-tenant asset is leased to a well-established veterinary clinic, offering investors a reliable stream of passive income with zero landlord responsibilities, ideal for 1031 exchange buyers or those seeking a recession-resistant, long-term investment.
Investment Highlights:
NNN Lease – Tenant responsible for all operating expenses, taxes, insurance, and maintenance
Established Veterinary Tenant – Longstanding operator with proven performance
Prime Location – Excellent visibility and access at 372 S Powerline Road, with connectivity to I-95, Florida’s Turnpike, and major local thoroughfares
High-Barrier Use – Veterinary clinics require substantial build-outs (often exceeding $250–$400 per square foot), creating sticky tenancy and reducing risk of vacancy or relocation
Growing Industry – The U.S. veterinary services market is projected to exceed $75 billion by 2030, driven by pet ownership trends and increased demand for pet healthcare (Source: Grand View Research)
Veterinary real estate has become a preferred asset class among private and institutional investors due to its resilience, specialized build-outs, and strong industry fundamentals. This particular site benefits from long-term tenancy, an irreplaceable location, and a use that is difficult to replicate—all of which support durable income and future value appreciation.