COMPREHENSIVE SERVICES | MULTI DOCTOR LOCATION – The clinic offers a wide range of services, including dental care, wellness exams, surgery, radiology, vaccinations, parasite prevention, microchipping, and senior pet wellness.
CORPORATE GUARANTEE – The lease features a corporate guarantee from Heartland Veterinary Partners – one of the fastest growing veterinary support organizations in the United States, with over 300 veterinary practices across the Midwest and Southern markets.
HEALTHCARE REAL ESTATE | RECESSION RESISTANT PROPERTY – Veterinary Hospitals are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties.
LONG TERM TENANT COMMITMENT – Heartland Veterinary Partners has been operating the business since 2017. In December of 2024, they exercised their second option period, demonstrating their long-term commitment to the location.
PRIME LOCATION – The subject property is conveniently located off U.S. Route 69, a major north-south corridor with over 40,000 vehicles passing daily. It is just 1.5 miles from both Interstate 35 and Interstate 435, providing easy access to key regional and national routes. I-35 connects directly to major cities such as Minneapolis, Dallas, and San Antonio, while I-435 offers access around the Kansas City metro area.
FAVORABLE DEMOGRAPHICS – This asset caters to more than 250K residents within a 5-mile radius with an average household income exceeding $100,000. Mission’s thriving, diverse population, comprising both families and young professionals, creates a strong and expanding customer base for pet services, ensuring sustained demand and growth.
NEARBY RETAIL – The property is situated in a well-established area, surrounded by a mix of shopping centers, restaurants, schools, residential neighborhoods, and prominent retailers such as Walmart, Target, IKEA, and The Home Depot.
HEARTLAND VETERINARY PARTNERS | 300+ PARTNER PRACTICES | 5000+ TEAM MEMBERS – Heartland Veterinary Partners is a multi-site owner, operator, and business partner to veterinarians across the US with 300+ partner practices and 5,000+ team members in 30 states. With a commitment to enhancing the veterinary profession, Heartland provides comprehensive support in areas such as payroll, HR, marketing, and accounts payables, allowing veterinarians to focus on their passion for animal care. The company fosters a culture of clinical autonomy, helping practices maintain their unique identities while offering the resources needed for growth and success.
TENANT INVESTMENT IN LOCATION – Pet Hospitals rarely relocate due to difficulty retaining the same patients in a new location and the high costs associated with moving and buildouts.
GROWING INDUSTRY – The veterinary services industry has experienced steady growth in recent years at a compound annual growth rate (CAGR) of 4.7%, with a U.S. market size reaching $66B and profit margins of 14.4%. The market is projected to expand at a CAGR of 1.2% over the next five years, reaching $70B by 2029.