Mission Pet Health Portfolio

1210 E New Hope Dr, Cedar Park, TX 78613
1401 Chris Kelley Blvd, Hutto, TX 78634
Stable, Long-Term Investments | Options To Extend: There are just under 12 years remaining on the leases, each with one, five-year option to extend.
Comprehensive Veterinary Services: New Hope Animal Hospital offers exams and consultations, vaccinations, spay & neuter, dental care, microchipping, surgery, diagnostics, pharmaceutical services, urgent care, and exotic pet care. Daylily Animal Hospital offers pet preventative medicine, urgent care, wellness exams, spay & neuter, vaccinations, surgery, dental care, diagnostics, microchipping, pharmaceutical services, and pet boarding services 7 days a week.
Scheduled Rent Increases | Hedge Against Inflation: The leases feature 2% annual rental increases, providing a future owner with a boost in cash flow and a hedge against inflation throughout the life of their investments.
Mission Pet Health Corporate Guaranty: The lease features a corporate guaranty from Mission Pet Health, one of the largest and most reputable veterinary networks in the country. In December 2024, Southern Veterinary Partners merged with Mission Veterinary Partners, bringing together two industry leading operators. The combined group now includes over 840+ hospitals across 41 states, supported by a team of more than 20,000 professionals, significantly enhancing the credit profile and long-term stability of the tenant.

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