As a veterinary practice owner, you know the importance of maintaining a well-equipped and efficiently run clinic. To ensure the longevity and success of your practice, it is essential to consider long-term property management and capital expenditures. Explore the concept of a property capital expenditure (CapEx) reserve with us and learn how it can benefit veterinary practice owners. What is capital expenditure for veterinary …
Embark on a journey of transforming veterinary properties for new tenants with our insightful video series, featuring Dan Feinberg, the President at Terravet. In this first episode, Dan addresses pivotal considerations surrounding the repositioning process to ensure your veterinary property is primed for success. Delve into the major considerations that set the foundation for a seamless transition when repositioning real …
Leverage Veterinary Real Estate for Practice Growth For veterinary practice owners, the pursuit of growth and success is an ongoing journey. A vital aspect that’s often underestimated is the role of veterinary real estate in fuelling expansion. This article will explore how strategic real estate decisions can maximize expansion opportunities for veterinary practices. Let’s dive into the world of veterinary …
Whether it is a small clinic or a large animal hospital, veterinarians who own their real estate face unique challenges when it comes to protecting their property and practice. The business of veterinary medicine involves not only caring for animals but also safeguarding your valuable assets. This blog will explore essential insurance considerations for veterinary real estate owners, focusing on …
Team Terravet is delighted to share that we will be attending New York Vet conference at the Javits Center on November 8-9, 2023! This two-day event will give you the opportunity to learn from thought leaders, visionaries, and specialists in veterinary medicine. Whether you are a Veterinary Technician, Assistant or Practice Owner, there are three theatres full of expert speakers, …
In today’s world, the importance of sustainable real estate practices cannot be overstated. For veterinarians looking to lease, sell, or expand their practices, incorporating eco-friendly and sustainable elements into your veterinary real estate can have far-reaching benefits. From reducing environmental impact to attracting eco-conscious clients, the advantages of green building practices are clear. In this article, we’ll explore sustainable design …
Introduction Choosing the right location for your veterinary practice is a decision that can significantly impact your success and growth. The strategic placement of your clinic plays a pivotal role in attracting clients, optimizing operations, and ultimately contributing to the prosperity of your practice. In this article, we’ll explore the crucial aspects of real estate location for veterinary clinics and …
Introduction When it comes to leasing commercial properties for your veterinary practice, one term you may encounter is the “Triple Net (NNN) lease.” In this article, we will delve into the meaning and mechanics of Triple Net leases in the context of veterinary real estate. By the end, you’ll have a comprehensive understanding of what a Triple Net lease entails, …
Embark on a journey to transform your veterinary practice with Terravet’s guide on key considerations for renovation or expansion.
Introduction Real Estate Investment Trusts (REITs) have gained significant popularity in recent years as a smart investment option for individuals seeking exposure to the real estate market. For those involved in veterinary real estate, REITs offer a unique opportunity to diversify their portfolio while potentially benefiting from steady income streams. In this article, we will delve into the fundamentals of …
