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Midlothian Veterinary Clinic 840 E Main St 4,800 SF Retail Building Midlothian, TX 76065 $1,558,700 ($324.73/SF) 7.50% Cap Rate



Investment Highlights
- Vetcor corporate guaranty (905+ Locations)
- New roof installed 5 years ago | 2018 expansion
- Prime DFW MSA Location | Fourth largest metropolitan area in the nation
- Full-service veterinary facility
Executive Summary
Vetcor Corp. Guaranty (905+ Locations) | NNN Lease | Prime DFW MSA Location
• Vetcor Corporate Guaranty - Lease is backed by a corporate guaranty from Vetcor – a leading operator of community-based veterinary hospitals across the United States and Canada, supporting 905+ practices.
• Full-Service Veterinary Facility - The Midlothian Veterinary Clinic is a full-service animal hospital offering comprehensive medical, surgical, and dental services. The facility is equipped with advanced veterinary infrastructure, including in-house diagnostic testing, digital radiography, surgical suites, dental suites, and an on-site pharmacy.
• NNN Lease - This NNN lease provides an extremely passive investment vehicle with minimal landlord responsibilities.
• Additional Revenue Streams - In addition to veterinary care, the facility offers boarding and grooming services, providing additional sources of income.
• National Platform With Institutional Backing - Vetcor is one of the largest and most established veterinary operators in North America, supporting over 900+ community-based practices across the U.S. and Canada.
• Private Equity Sponsorship - Vetcor is backed by Harvest Partners, LP and Cressey & Company, LP. Harvest Partners manages over $20 billion in assets under management and brings more than 40 years of middle-market investment experience, providing substantial financial strength and operational infrastructure.
• Proven Acquisition and Growth Model - Vetcor continues to expand across North America.
• Robust Industry Growth - The global veterinary services market, valued at $150 billion in 2024, is projected to grow at a 7.45% CAGR from 2023 to 2030.
• Key Pet Ownership Statistics In The US –
— 72% of households in the US, or 95 million households, own a pet. This increase in pet ownership trend has fueled demand for veterinary services, including preventive care, diagnostics and treatments.
— The average US dog owner spends about $2,524 per year on recurring pet costs.
— People spent $147 billion on pets in 2023, $152 billion on pets in 2024, and $158 billion in 2025.
• Vetcor Corporate Guaranty - Lease is backed by a corporate guaranty from Vetcor – a leading operator of community-based veterinary hospitals across the United States and Canada, supporting 905+ practices.
• Full-Service Veterinary Facility - The Midlothian Veterinary Clinic is a full-service animal hospital offering comprehensive medical, surgical, and dental services. The facility is equipped with advanced veterinary infrastructure, including in-house diagnostic testing, digital radiography, surgical suites, dental suites, and an on-site pharmacy.
• NNN Lease - This NNN lease provides an extremely passive investment vehicle with minimal landlord responsibilities.
• Additional Revenue Streams - In addition to veterinary care, the facility offers boarding and grooming services, providing additional sources of income.
• National Platform With Institutional Backing - Vetcor is one of the largest and most established veterinary operators in North America, supporting over 900+ community-based practices across the U.S. and Canada.
• Private Equity Sponsorship - Vetcor is backed by Harvest Partners, LP and Cressey & Company, LP. Harvest Partners manages over $20 billion in assets under management and brings more than 40 years of middle-market investment experience, providing substantial financial strength and operational infrastructure.
• Proven Acquisition and Growth Model - Vetcor continues to expand across North America.
• Robust Industry Growth - The global veterinary services market, valued at $150 billion in 2024, is projected to grow at a 7.45% CAGR from 2023 to 2030.
• Key Pet Ownership Statistics In The US –
— 72% of households in the US, or 95 million households, own a pet. This increase in pet ownership trend has fueled demand for veterinary services, including preventive care, diagnostics and treatments.
— The average US dog owner spends about $2,524 per year on recurring pet costs.
— People spent $147 billion on pets in 2023, $152 billion on pets in 2024, and $158 billion in 2025.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
4,800 SF
Building Class
B
Year Built/Renovated
1984/2019
Price
$1,558,700
Price Per SF
$324.73
Cap Rate
7.50%
NOI
$116,903
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.73 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 230018 | Improvements Assessment | $211,138 |
| Land Assessment | $895,142 | Total Assessment | $1,106,280 |
Property Taxes
Parcel Number
230018
Land Assessment
$895,142
Improvements Assessment
$211,138
Total Assessment
$1,106,280
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Midlothian Veterinary Clinic | 840 E Main St
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