Mission Pet Health Florida Portfolio

Stable Investment – There are just under 5 years remaining on the NNN leases, featuring built-in annual rent bumps of 2% and one (1), five (5) year renewal option at each location.
Prime Coastal Locations – The portfolio spans three high-growth markets in the Florida Panhandle: Destin and Fort Walton Beach. Each asset benefits from strong tourism, population growth, and proximity to major corridors including US-98, supporting consistent demand for veterinary services.
Scheduled Rental Increases | Built-In Inflation Protection – The leases include annual rent escalations of 2%, providing steady income growth and a natural hedge against inflation.
Healthcare Real Estate | Recession-Resistant Property – Veterinary assets are considered highly resilient, supported by nondiscretionary pet care spending and strong industry fundamentals even during economic downturns.
Established Veterinary Operators – The portfolio is anchored by experienced operators at Destin Animal Clinic and Companion Animal, each with an established presence and loyal client base within their respective communities.
Tenant Investment in Location – These purpose-built facilities are critical to ongoing operations, with significant tenant investment in specialized build-outs, reducing relocation risk and supporting long-term tenancy.
Very Passive Lease Structure – The NNN lease structure minimizes landlord responsibilities, offering a passive investment opportunity for both local and national investors.
Strong Industry Fundamentals – The global veterinary services market continues to expand, projected to reach over $140 billion by 2026, driven by increasing pet ownership and higher spending on animal healthcare.

Navigation Menu

Key Information

Highlights

Photos

Location

Agents

Broker of Record

Kyle Matthews