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 …
At Terravet, we understand the importance of making informed decisions when it comes to veterinary real estate transactions. Before signing a veterinary real estate listing agreement, it’s crucial to have a clear understanding of the key points and considerations involved. In this article, we will walk you through the essentials, from what a veterinary real estate listing agreement entails to …
As a veterinarian approaches retirement, one of the crucial decisions you’ll face is what to do with your veterinary real estate. The choice you make can have significant implications for your financial future and overall retirement plan. In this article, we will explore the different options available, discuss the pros and cons of each, and highlight how Terravet can provide …
We are thrilled to announce that Terravet will be attending the premier event for veterinary professionals, the AVMA Convention 2023, from July 14th – 18th, 2023. Immerse yourself in over 600 hours of high-quality CE, engage in highly rated special events, and explore innovative solutions. Experience the best-in-class CE, featuring hands-on labs, workshops, panels, and lectures led by veterinary experts, …
As a veterinary real estate owner, establishing an appropriate rent metric is crucial when leasing your property.. In this article, targeted towards veterinary real estate owners, particularly retiring veterinarians looking to sell, lease, or expand their practice, we will explore the concept of rent metrics. We will discuss factors to consider when determining rent, introduce the triangulation method for rent …
As a veterinary real estate owner, whether you are looking to sell, lease, or expand your practice, understanding the appraisal process is crucial. In this article, we will explore the differences between appraisals and evaluations, discuss how to appraise a veterinary practice, highlight factors considered during the process, and provide essential tips for discussing matters with an appraiser. We will …
If you’re a veterinarian considering retirement or looking to sell or lease your property, understanding the intricacies of veterinary real estate is crucial. One fundamental concept that can greatly impact your decision-making process is the Capitalization Rate (CAP rate). In this article, we will delve into the world of CAP rates and explore their significance in the context of veterinary …
