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Animal Emergency Clinic North East 10205 Birchridge Dr 3,380 SF Retail Building Humble, TX 77338 $2,047,880 CAD ($605.88 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-standing 24/7 emergency veterinary hospital with 33+ years of operation
- Corporate guaranty from Lakefield Veterinary Group, backed by $1.3B private equity
- Positioned in Northeast Houston’s prime retail and medical corridor
- ± $1.2M in recent renovations
- Located across from Deerbrook Mall with high traffic and visibility
- NNN lease with minimal landlord responsibilities
EXECUTIVE SUMMARY
Positioned in the heart of Humble’s thriving retail and medical corridor, this single-tenant veterinary hospital offers a rare opportunity to acquire a fully stabilized, NNN-leased investment with a corporate guaranty from Lakefield Veterinary Group. The ±3,380 SF facility has operated continuously for over 33 years and was renovated in 2009, reflecting long-term tenant commitment and strong community integration.
The property is strategically located across from Deerbrook Mall, one of Northeast Houston’s most active retail destinations, and benefits from high visibility, steady traffic, and proximity to major anchors including Macy’s and AMC Deerbrook 24. With immediate access to I-69/US59 and FM 1960, the site offers excellent regional connectivity and draws clientele from surrounding communities such as Kingwood and Atascocita.
Lakefield Veterinary Group, the tenant and guarantor, operates over 80 veterinary hospitals nationwide and is backed by Peloton Capital Management. Their acquisition model emphasizes continuity, staff retention, and community presence, making this location a cornerstone of their Houston-area operations. The clinic provides 24/7 emergency and critical care services, ensuring consistent demand and recurring revenue.
The Greater Houston MSA, the second-fastest growing metro in the U.S., adds further strength to this offering. Humble’s affluent demographics, with an average household income of $91,432 within a 5-mile radius, and nearby developments such as Townsen Landing and Kenswick Distribution Center, reinforce the area’s upward trajectory.
The property is strategically located across from Deerbrook Mall, one of Northeast Houston’s most active retail destinations, and benefits from high visibility, steady traffic, and proximity to major anchors including Macy’s and AMC Deerbrook 24. With immediate access to I-69/US59 and FM 1960, the site offers excellent regional connectivity and draws clientele from surrounding communities such as Kingwood and Atascocita.
Lakefield Veterinary Group, the tenant and guarantor, operates over 80 veterinary hospitals nationwide and is backed by Peloton Capital Management. Their acquisition model emphasizes continuity, staff retention, and community presence, making this location a cornerstone of their Houston-area operations. The clinic provides 24/7 emergency and critical care services, ensuring consistent demand and recurring revenue.
The Greater Houston MSA, the second-fastest growing metro in the U.S., adds further strength to this offering. Humble’s affluent demographics, with an average household income of $91,432 within a 5-mile radius, and nearby developments such as Townsen Landing and Kenswick Distribution Center, reinforce the area’s upward trajectory.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
3,380 SF
Building Class
B
Year Built/Renovated
1984/2009
Price
$2,047,880 CAD
Price Per SF
$605.88 CAD
Cap Rate
7%
NOI
$143,351 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.24 AC
Parking
32 Spaces (9.47 Spaces per 1,000 SF Leased)
Frontage
137’ on Birchridge Dr
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1040760000023 | Improvements Assessment | $810,523 CAD |
| Land Assessment | $169,860 CAD | Total Assessment | $980,382 CAD |
PROPERTY TAXES
Parcel Number
1040760000023
Land Assessment
$169,860 CAD
Improvements Assessment
$810,523 CAD
Total Assessment
$980,382 CAD
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Animal Emergency Clinic North East | 10205 Birchridge Dr
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