New Price – 7.5% Cap!

2-property NNN portfolio leased to Heartland Veterinary Partners, a national vet operator backed by Gryphon PE. $144K NOI with no landlord responsibilities. Recession-resistant healthcare sector with strong long-term growth. Dayton metro locations. Ideal 1031 exchange asset.

Stable, Passive Income Backed by a Growing Industry

Coldwell Banker Commercial | Heritage is pleased to offer a fully-leased, two-property portfolio of veterinary clinics, each occupied by Heartland Veterinary Partners, a nationally recognized operator with over 225 locations across the U.S., backed by private equity powerhouse Gryphon Investors.

With triple-net (NNN) leases in place and minimal landlord responsibilities, this portfolio offers durable income from a recession-resilient sector—veterinary care and pet healthcare, a market that has experienced explosive and consistent growth for over a decade.

Why Invest in Veterinary Real Estate?

-$143 Billion U.S. Pet Industry (and growing annually)

-Pet ownership is at an all-time high – over 70% of U.S. households have pets

-Demand for veterinary services surged 33% post-COVID

-Veterinary real estate is now an institutional favorite, with strong cap rates, long-term leases, and low default risk

-Health-focused use means tenants invest heavily in the buildings—higher tenant retention and long-term stickiness