NVA Sumner Veterinary Hospital Retail FOR SALE


Sumner, WA
$9,200,000 USD
206-584-6195
, Sumner, WA for Sale
$9,200,000 USD
Retail - FOR SALE
1/12
null | 6.34% Cap Rate

NVA Sumner Veterinary Hospital
Sumner, WA


HIGHLIGHTS

  • Long-Term Lease Commitment from Quality Tenant
  • Mission Critical Facility
  • Hedge Against Inflation
  • Minimal Landlord Responsibilities
  • Significant Tenant Improvements
  • Strong Historical Occupancy

OVERVIEW

Team Vara at Northmarq is pleased to offer the Sumner Veterinary Hospital, a mission-critical medical facility in the growing Sumner, WA market with excellent access to the greater Tacoma–Pierce County region. Purpose-built as one of only three 24/7 emergency veterinary hospitals in Pierce County, the property is fully leased on a long-term, passive triple-net basis to National Veterinary Associates (NVA)—the largest private owner of freestanding veterinary hospitals in the U.S. NVA reaffirmed its commitment with a 20-year renewal in 2021 (15+ years remaining) and has heavily invested in state-of-the-art medical improvements, underscoring the strategic importance of this location. With CPI-based annual rent increases, minimal landlord obligations, and strong regional demand driven by robust demographics and high pet-ownership rates, the asset represents a rare opportunity to acquire a stable, long-term net-leased medical facility backed by a nationally scaled operator.

ASK ABOUT THIS PROPERTY

RJ VaraNorthmarqMore Info
206-584-6195

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RJ VaraNorthmarqMore Info
206-584-6195

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.