VETERANS MEMORIAL DRIVE ANIMAL HOSPITAL

COMPREHENSIVE SERVICES | MULTI-DOCTOR LOCATION: Acquired by NVA in 2017 for its outstanding performance, this hospital offers a comprehensive range of services, including wellness care, diagnostics, surgery, advanced therapies, rehabilitation, boarding, daycare, and end-of-life care.
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.
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 build outs.
TAX FREE STATE: Texas is one of the nine income tax-free states in the United States.
PRIVATE EQUITY SPONSORSHIP: In 2019, JAB Holding Company acquired Compassion-First (now NVA) for $1.2B. NVA then purchased Ethos for $1.65B (2021) and SAGE for
$1.1B (2021), consolidating specialty operations under Ethos. In 2023, JAB split holdings into two: NVA (general practice & resorts) and Ethos (specialty & emergency).
SCHEDULED RENTAL INCREASES | HEDGE AGAINST INFLATION: The lease features annual rental increases tied to the Consumer Price Index (CPI), providing a future
owner with a boost in cash flow and a consistent hedge against inflation throughout the life of their investment.
OVER 45 YEARS OF TRUSTED SERVICE: Founded in 1979, this practice is a well-known staple in the North Houston community and reflects its longstanding commitment to provide high quality pet care to pets and their families.
2ND FASTEST GROWING MSA IN THE UNITED STATES: The Houston–Pasadena–The Woodlands metropolitan area added over 198,000 residents between 2023 and 2024, making it the second-largest population gain among U.S. metros, just behind New York-Newark-Jersey City (U.S. Census Bureau, April 17, 2025).
ROBUST INDUSTRY GROWTH: The global veterinary services market, valued at $150 billion in 2024, is projected to grow at an 8.7% CAGR from 2023 to 2030.
HIGH TRAFFIC LOCATION | DIRECT FRONTAGE: The ±6,500 SF practice is well positioned directly off Veterans Memorial Dr, offering excellent visibility and direct street frontage, seeing more than 35,000 vehicles per day.
FAVORABLE DEMOGRAPHICS: This asset caters to more than 320,000 residents within a 5-mile radius with an average household income exceeding $90,000.
LARGEST VETERINARY CONSOLIDATOR WORLDWIDE: National Veterinary Associates (NVA), founded in 1997, is the largest U.S. veterinary consolidator, with 1,400+ general practices, equine hospitals, pet resorts, and Ethos Veterinary Health (150 specialty and emergency hospitals). Its 25,000+ professionals provide nationwide access to high-quality care and advanced medicine.
JAB HOLDING COMPANY: JAB Holding Company, established in 2012, manages $50B+ in assets and invests in leading brands like Keurig Dr Pepper, Panera, Krispy Kreme, Coty, and JDE Peet’s.
CONCENTRATED CORRIDOR: The property is situated in a well-established area, surrounded by a mix of residential communities, schools, parks, hospitals, and major retailers
including Walmart Supercenter, The Home Depot, Kroger, Aldi, Chick-fil-A, Whataburger, McDonalds, AutoZone Auto Parts, and O’Reilly Auto Parts.

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Patrick Graham