| Specialized buildout, including surgical rooms, advanced plumbing systems, drainage, and electrical infrastructure, that are costly and disruptive. |
| The property is positioned in the Shreveport market, where surrounding residential density supports steady consumer demand for neighborhood veterinary |
| Current rent of $15 PSF sits below many medical rents in the area of $20 PSF Triple Net (NNN), providing potential upside through future rental growth |
| South Park Animal Hospital has operated at this location for over a decade and serves the surrounding Shreveport community |
| Tenant is responsible for all expenses under a Triple Net (NNN) Lease except for roof, structure, parking lot, and HVAC replacement |
| The tenant’s investment in medical equipment and interior buildout creates high relocation costs, encouraging long-term occupancy and tenant retention |