Matthews Real Estate Investment Services™ Healthcare Division is pleased to exclusively
offer the opportunity to acquire a single-tenant veterinary hospital located in Waco, TX,
tenanted by Veterinary Innovative Partners and operating under the brand Waco Animal
Emergency Clinic. Veterinary Innovative Partners (VIP) is a network of veterinarianowned
and operated hospitals spanning nine states, dedicated to supporting veterinary
teams with the resources, mentorship, and autonomy they need to thrive while providing
the highest standard of care to pets. The clinic offers a range of veterinary services,
including emergency pet care, surgical procedures, ultrasounds, digital x-rays, and
laboratory services, ensuring comprehensive and high-quality treatment for pets in need.
The ±4,033 SF practice is well positioned off South I-35, offering excellent visibility
and direct street frontage, seeing more than 111,000 vehicles per day. The property
is surrounded by a mix of residential communities, schools, parks, and retail centers,
including Central Texas Marketplace, the largest shopping center in Waco, anchored
by Kohls, Belk, Marshalls, Petco and HomeGoods. The asset benefits from a strong
demographic profile, with more than 130,000 residents within a five-mile radius,
supporting a steady demand for veterinary services.
There are just over nine years remaining on the NNN lease with 2.00% annual increases
and two, five-year options to extend. This is an ideal investment for a local or national
Cameron Davodi, Andrew Evans Michael Moreno & Rahu Chhajed in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code.