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Investment Highlights

  • Stable Investment – There are just under 5 years remaining on the NNN leases, featuring built-in annual rent bumps of 2%
  • Scheduled Rental Increases | Built-In Inflation Protection – The leases include annual rent escalations of 2%, providing steady income growth
  • Established Veterinary Operators – The portfolio is anchored by experienced operators at Destin Animal Clinic and Companion Animal
  • Prime Coastal Locations – The portfolio spans three high-growth markets in the Florida Panhandle: Destin and Fort Walton Beach
  • Healthcare Real Estate | Recession-Resistant Property – Veterinary assets are considered highly resilient
  • Tenant Investment in Location – These purpose-built facilities are critical to ongoing operations

Executive Summary

Kyle Matthews
License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Price $3,943,143
Price / SF $1,391 / SF
Cap Rate 7%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 2,834 SF
Total Land Area 0.37 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
4003 Commons Dr W, Destin, FL 32541 Retail 2,834 SF 2004 -
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  • Listing ID: 40458097

  • Date on Market: 5/8/2026

  • Last Updated:

  • Address: Mission Pet Health Florida Portfolio, Destin, FL

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