102 Hatchell Ln Denham Springs, LA 70726

This veterinary clinic is strategically located on Hatchell Ln, providing convenient access to US-190 and LA-16. The property benefits from its proximity to residential communities, schools, parks, offices, and major retailers such as Walmart Supercenter, The Home Depot, Sam’s Club, and Starbucks. The surrounding area also includes The Pines at North Park, Chick-fil-A, and Denham Springs Elementary School. The property is currently operating as a Thrive Pet Healthcare facility, a provider with over 380 veterinary practices across the U.S. The clinic is under a NNN lease with over 5 years remaining, featuring 2% annual increases and four, 5-year options to extend. The lease structure offers minimal landlord responsibilities, presenting a passive investment opportunity. The lease's annual rental escalators provide a hedge against inflation. Veterinary hospitals are sought-after investments due to their resistance to economic downturns and e-commerce trends. The global veterinary services market is expected to reach $142 billion by 2025, with a CAGR of 5.6% during that period. The property has a size of 15068 square feet. Pet hospitals rarely relocate due to patient retention and moving costs.