This Veterinary NNN Investment is a single-tenant medical office asset located in Marathon, FL, offering long-term, credit-backed income in a highly supply-constrained Florida Keys market. The property is fully leased to Marathon Veterinary Hospital, operated by a nationally scaled veterinary services platform, and benefits from a triple-net (NNN) lease structure with minimal landlord responsibilities and built-in annual rent growth.

The asset consists of approximately 6,000 square feet on a well-positioned parcel with excellent visibility and access along a primary corridor serving Marathon. The tenant has exercised a renewal option, reinforcing long-term commitment to the location, while 3% annual rent escalations provide consistent income growth and inflation protection.

With stable occupancy, reliable cash flow, and essential medical use, this offering presents a rare opportunity to acquire a Veterinary NNN Investment in one of Florida’s most land- and supply-restricted coastal markets.

Investment Highlights

Leading Veterinary Services Platform
The tenant is part of a nationally recognized veterinary services organization operating hundreds of clinics across the United States. The platform delivers primary, specialty, and emergency veterinary care, supporting strong unit-level performance and long-term operational stability.

Long-Term Tenant Stability with Built-In Growth
The lease includes 3% annual rent increases and multiple five-year extension options, providing predictable income growth and reducing rollover risk. The NNN structure ensures a passive ownership profile with limited ongoing management.

Strategic Location in Marathon, FL
Located in Marathon, a central hub of the Florida Keys, the property benefits from year-round demand driven by permanent residents, seasonal visitors, and limited competing medical facilities. This dynamic supports consistent patient volume and long-term tenant viability.

Premier Full-Service Veterinary Facility
Marathon Veterinary Hospital is one of the largest and most comprehensive animal care facilities in the region, offering advanced services such as surgery, dentistry, emergency care, and specialty treatments, reinforcing its dominant market position.

High Barriers to Entry
Strict zoning regulations, environmental constraints, and limited commercial land availability in the Florida Keys create substantial barriers to new development, protecting the long-term value of established medical facilities in Marathon.

AAHA-Accredited Medical Facility
The hospital holds accreditation from the American Animal Hospital Association (AAHA), a designation achieved by a small percentage of veterinary practices nationwide. This reflects adherence to rigorous standards for care, safety, and operations, supporting strong patient trust and business performance.

Resilient Physical Improvements
The property includes a secure outdoor animal area, extensive on-site parking, backup power generation to support continuous operations, and a hurricane-rated structure designed for coastal resilience—factors that enhance operational continuity and asset durability.

Regional Connectivity
Close proximity to the local airport and major thoroughfares enhances accessibility for clients throughout Marathon and the surrounding Keys, further supporting long-term tenant success.