This page tracks VCA Animal Hospitals net lease properties observed for sale in the United States, refreshed automatically from listing broker materials, checks the tenant against the investment grade threshold, and walks through how to evaluate one before you make an offer. If you want the corporate credit story, the VCA Animal Hospitals credit rating and cap rate profile covers it. This page is about the inventory: what is on the market, what it is asking, how the pricing breaks down by term, state and lease type, and how a buyer, especially a 1031 exchange buyer, should work through it.
VCA Animal Hospitals is investment grade. The ratings shown for VCA Animal Hospitals are credit rating of its parent company, Mars Inc.: A from S&P Global Ratings; investment grade (BBB-/Baa3 or higher). Whether that credit stands behind a specific lease depends on the tenant and any guarantor named in the lease. Ratings checked September 27, 2026. Ratings change; confirm before relying on any figure here. See the VCA Animal Hospitals credit rating and NNN cap rate profile and the investment grade credit tenant ratings table.
6 VCA Animal Hospitals NNN properties observed for sale across 6 states as of October 2, 2026. Median asking cap rate 6.88% (range 6.50% to 13.39%). Median asking price $1.58M. Most listings do not state a remaining term. Median building 5,845 SF. Figures update automatically from listing broker materials.
VCA Animal Hospitals NNN Properties For Sale: Latest Listings
Up to twelve of the most recently listed single-tenant VCA Animal Hospitals properties with published pricing. Open any listing and register for full property data, including the address, location map and an IG summary with due diligence questions.
| Location | Asking Price | Cap Rate | NOI | Term Left | Built | Lease | |
|---|---|---|---|---|---|---|---|
| Bedford, NH | $3,375,000 | 6.50% | $219,419 | n/a | 1976 | Not stated | Get full property data |
| Fredericksburg, VA | $2,543,200 | 6.75% | $171,666 | n/a | 2004 | Not stated | Get full property data |
| San Antonio, TX | $1,238,570 | 7.00% | $86,700 | n/a | 1998 | Not stated | Get full property data |
| Athol, MA | $955,000 | 7.79% | $71,535 implies 7.49%; verify | n/a | 1965 | Not stated | Get full property data |
| Andover, MN | $1,850,000 | 6.59% | $121,899 | n/a | 2000 | Not stated | Get full property data |
| Hauppauge, NY | $1,300,000 | 13.39% | $174,072 | n/a | n/a | Not stated | Get full property data |
Search all 6 VCA Animal Hospitals properties on the market
Market observations aggregated from listing broker materials; not offerings by Investment Grade Income Property, LP. Asking price, cap rate and NOI as published by the listing party. Information deemed reliable but not guaranteed. Verify all figures before relying on them.
Get new VCA Animal Hospitals listings in your cap rate band
New VCA Animal Hospitals net lease listings matched to your criteria, emailed as they are observed on the market. One email per match, nothing else.
Own a VCA Animal Hospitals? Considering selling?
Investment Grade Income Property, LP advises owners nationally through Broker of Record co-listing partnerships in all 50 states. You choose the process: a quiet off-market placement with qualified 1031 buyers already searching this inventory, or a full on-market campaign. Either way it starts with a valuation benchmark against the live VCA Animal Hospitals listings on this page.
Investment Grade Income Property, LP is a licensed commercial real estate brokerage. Your details are used to send the information you requested and are never shared with listing brokers without your permission.
What You Are Actually Buying
VCA Inc., the company behind VCA Animal Hospitals, was acquired by Mars, Incorporated through a merger completed September 12, 2017, after which VCA became a wholly owned subsidiary within the Mars group (VCA Inc. Form 8-K and the Mars and VCA joint release, September 12, 2017). We found no separate rating for VCA; the ratings shown on this page belong to Mars.
Whether Mars credit stands behind a hospital lease depends on the entity that signed it. Confirm whether the tenant is VCA Inc., a hospital-level subsidiary or another entity, and whether any parent guarantees the lease.
Across the current inventory, 0% of listings with a reported build year were delivered in the last four years, and 0% are marketed as NN, NN+ or simply Net, which usually means the landlord retains roof and structure and sometimes parking and HVAC. Read the lease rather than the brochure headline. If the rating framework behind investment grade tenancy is unfamiliar, the investment grade guide explains it.
VCA Animal Hospitals Cap Rate, Price and Term Distribution
These tables are generated from the live inventory and refresh every few hours. Use them to place any individual listing in context rather than judging an asking cap rate in isolation.
| Asking Cap Rate Band | Listings | Share | Avg Asking Price |
|---|---|---|---|
| 6.50% to 6.99% | 3 | 50% | $2.59M |
| 7.00% and above | 3 | 50% | $1.16M |
| Asking Price Band | Listings | Share | Avg Cap Rate |
|---|---|---|---|
| Under $1.5M | 3 | 50% | 9.39% |
| $1.5M to $2.5M | 1 | 17% | 6.59% |
| $2.5M to $3.5M | 2 | 33% | 6.63% |
| Remaining Lease Term | Listings | Avg Cap Rate |
|---|
| Lease Type (as marketed) | Listings |
|---|---|
| Not stated | 6 |
How to read the pricing
The spread inside the VCA Animal Hospitals inventory runs from 6.50% to 13.39%, against a median of 6.88%. Three variables help explain much of that spread, although these tables describe asking prices and do not isolate any single effect. First, remaining term, shown in the term table above. Second, geography, shown in the state table below. Third, lease structure and real estate quality: longer terms, stronger guarantors, absolute NNN structures and strong access generally ask lower cap rates, while leases with landlord responsibilities (NN) and secondary access generally ask higher ones; ground leases can price on either side, depending on rent and land value. When a listing sits far outside the band its term and state would predict, there is usually a reason in the lease, and it is worth finding before you write the offer rather than after.
Where VCA Animal Hospitals NNN Properties Are For Sale
Current inventory spans 6 states. Differences between states in the table below can reflect local buyer demand, growth, taxes and the mix of lease terms in each state’s listings as much as anything about the tenant, and small state samples can shift quickly.
| State | Listings | Avg Cap Rate | Avg Asking Price |
|---|---|---|---|
| MA | 1 | 7.79% | $0.96M |
| MN | 1 | 6.59% | $1.85M |
| NH | 1 | 6.50% | $3.38M |
| NY | 1 | 13.39% | $1.30M |
| TX | 1 | 7.00% | $1.24M |
| VA | 1 | 6.75% | $2.54M |
VCA Animal Hospitals as a 1031 Exchange Replacement Property
The median asking price in the current VCA Animal Hospitals inventory is $1.58M, and about 50% of listings fall between 1.5 and 3.5 million dollars. Whether that fits an exchange depends on the equity coming out of the relinquished property and on the debt you need to replace. The points below are general information, not tax or legal advice; confirm your own situation with your qualified intermediary and tax advisor.
- Identify from the live list, not a stale one. Listings move. Replacement property must be identified within 45 days of the sale of the relinquished property (Internal Revenue Code section 1031(a)(3)), and the three-property rule in Treasury Regulation section 1.1031(k)-1(c)(4) lets you identify up to three properties regardless of value, so keep a backup that is realistically still available.
- Debt replacement matters. Liabilities on the relinquished property that the other party assumes, or that the property is transferred subject to, are treated as money received, and they can be offset by liabilities on the replacement property and by cash the taxpayer adds (Treasury Regulation section 1.1031(d)-2). Where lender pricing sits above the asking cap rate, financed acquisitions run negative leverage, so run your debt numbers before you identify.
- Term should match your hold. If you plan to hold through the next exchange or pass the asset to heirs, weigh remaining term and options alongside cap rate.
- Certainty of closing matters. The replacement property must be received within 180 days of the sale, or by the due date, including any extension, of the tax return for the year of the sale if that comes first (Internal Revenue Code section 1031(a)(3)). A clean estoppel, a current lease and no pending relocation reduce closing risk.
For identification mechanics, timelines and the NNN, DST and UPREIT alternatives, see the 1031 exchange into investment grade property guide.
VCA Animal Hospitals NNN Due Diligence Checklist
These are the items that change the value of a VCA Animal Hospitals listing and are rarely resolved by the offering memorandum.
- Tenant entity and guaranty. Identify the exact entity on the lease and any guaranty from VCA Inc. or another parent.
- Clinical build-out and reuse. Animal hospitals often carry specialized plumbing, surgical and kennel space. Quantify the cost to convert the building for another user and who owns the improvements at expiration.
- Remaining term and relocation risk. Compare the remaining term and options with your hold period, and ask whether the hospital has expansion or relocation plans in the market.
- Financial reporting rights. Confirm whether the lease entitles you to any hospital-level or tenant-level financial information.
How Investment Grade Works With VCA Animal Hospitals Buyers
Investment Grade Income Property, LP is a licensed commercial real estate brokerage providing national advisory on acquisitions and dispositions of net lease property, with Broker of Record co-listing partnerships in all 50 states. On a VCA Animal Hospitals acquisition we screen the live inventory against your criteria, pull the lease abstract behind any listing you want to pursue, benchmark the asking cap rate against the distribution above, and negotiate on your side of the table through closing. On the majority of transactions, there is no separate fee to you as the buyer, because compensation is paid from the transaction by the listing side. Where that is not the case we disclose it in writing before you engage.
Owners of existing VCA Animal Hospitals properties can use this page as a valuation benchmark. If you are weighing a sale, we can discuss an off-market sale to a qualified 1031 buyer as well as a broad marketing process.
Frequently Asked Questions
How many VCA Animal Hospitals NNN properties are for sale right now?
As of October 2, 2026, 6 single-tenant VCA Animal Hospitals net lease properties are observed for sale across 6 states. The count updates automatically as listings are added and removed.
Is VCA Animal Hospitals investment grade?
The ratings shown for VCA Animal Hospitals are credit rating of its parent company, Mars Inc.: A from S&P Global Ratings; investment grade (BBB-/Baa3 or higher). Whether that credit stands behind a specific lease depends on the tenant and any guarantor named in the lease. Ratings checked September 27, 2026.
What cap rate do VCA Animal Hospitals NNN properties sell at?
The current median asking cap rate is 6.88%, with the inventory ranging from 6.50% to 13.39%. Longer term, stronger markets and absolute NNN structures generally ask cap rates at the lower end of the range.
How much does a VCA Animal Hospitals NNN property cost?
The median asking price in the current inventory is $1.58M, with listings from $0.96M to $3.38M. About 50% fall between 1.5 and 3.5 million dollars.
Who signs the lease on a VCA Animal Hospitals property?
VCA Inc. has been part of Mars, Incorporated since a merger completed in September 2017 (VCA Inc. Form 8-K). The tenant on a listing is the entity named in the lease, which can be VCA Inc. or a subsidiary, and the Mars ratings shown on this page apply only where Mars or another rated entity signs or guarantees the lease.
Is a VCA Animal Hospitals property a good 1031 exchange replacement?
It depends on your equity, your debt replacement requirement and your hold period. The median asking price is $1.58M and about 50% of inventory sits between 1.5 and 3.5 million dollars. Term, lease structure and certainty of closing matter as much as the headline cap rate within the 45-day identification period.
Working a VCA Animal Hospitals acquisition or a 1031 identification deadline? Register on any listing above for full property data and a due diligence review, or email steve@investmentgrade.pro with your price range, target states and closing timeline and we will screen the live inventory for you.

