MedVet NNN Leased Veterinarian Retail

Located in Deerfield Beach, this property is close to a range of businesses, dining, and local attractions. Just minutes from Deerfield Beach and the International Fishing Pier, the area balances work and leisure with ease. Nearby, the Hillsboro Technology Center and Powerline Business Park create a strong business environment, making it a practical choice for office investors. With restaurants like Oceans 234 and local spots like the Deerfield Beach Arboretum, the location offers both convenience and quality of life for tenants.Fully stabilized NNN-leased medical office asset for sale in Deerfield Beach, Florida. The property is leased to MedVet, a nationally recognized veterinary operator with over 7,500+ referral partners across the U.S. This single tenant lease structure offers true passive income with no landlord obligations, making it a low-maintenance investment suited for 1031 exchange buyers or investors targeting stable, long-term yield backed by a national credit tenant. The site offers strong visibility and access, with proximity to I-95, Florida’s Turnpike, and major local arterials. Veterinary use represents a high-barrier-to-replace asset class, given the extensive interior build-outs typically required ($250–$400/SF), enhancing tenant retention and long-term occupancy stability. With over 30+ years of experience, MedVet's lease adds further stability, supported by their proven operating history and presence in numerous U.S. markets. 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 stellar site benefits from long-term tenancy, a high-demand and prime location, with a use that is difficult to replicate, this opportunity supports durable income and future value appreciation. Financials available upon request.