Whitehouse Veterinary Hospital 104 W Main St 3,116 SF Retail Building Whitehouse, TX 75791 $972,352 CAD ($312.05 CAD/SF) 8.50% Cap Rate

WHITEHOUSE VETERINARY HOSPITAL
Two-Building (Veterinary Hospital + Boarding/Grooming Facility) NNN Investment Opportunity in Whitehouse, TX
• Heartland Veterinary Partners Corporate Guaranty - Lease features a corporate guaranty from Heartland Veterinary Partners – a leading veterinary operator with 300+ locations nationwide and one of the fastest-growing veterinary groups in the United States.
• Full Service Veterinary Hospital & Boarding/Grooming Facility – The Whitehouse Veterinary Hospital is a full-service veterinary hospital providing a complete range of services for animals, including pet wellness exams, spay and neuter, microchipping, dental care, imaging and diagnostics, orthopedic surgery, allergy and dermatology care, boarding, grooming, daycare, online pharmacy, and exotic pet care.
• NNN Lease - This NNN lease provides an extremely passive investment vehicle with minimal landlord responsibilities.
• Secure Financial Backing - The company is backed by private equity firm Gryphon Investors, a San Francisco-based investment firm with significant healthcare experience and over $10 billion in assets under management (as of January 2026).
• Prime Location Along Whitehouse’s Main Commercial Corridor – Whitehouse Veterinary Hospital is located on W Main Street (TX-110), the primary thoroughfare connecting to Tyler. The property benefits from steady traffic and serves a dense residential base.
• Recent February 2025 Practice Acquisition - Whitehouse Veterinary Hospital was acquired by Heartland Veterinary Partners on February 21, 2025, demonstrating a strategic commitment to the location and confidence in its long-term performance.
• Established Presence in the Whitehouse Community – Operating for 35+ years, this hospital has been a trusted provider in the Whitehouse community since 1990. Its long standing history highlights the clinic’s strong reputation and continued commitment to this location.
• Dominant Private Equity Backing - Supported by Gryphon Investors, a $10B+ AUM private equity firm with extensive experience in scaling healthcare platforms through strategic capital and operational expertise, positioning Heartland Veterinary Partners for continued growth.
• Growth-Oriented Platform - Heartland Veterinary Partners is a leading and rapidly growing veterinary support organization with a strong reputation as a partner of choice. The platform provides comprehensive non-clinical services, allowing veterinarians to focus on patient care while benefiting from national operational support.
• Veterinarian-Centered Partnership Model – Heartland Veterinary Partners supports veterinary hospitals while allowing clinics to maintain clinical autonomy and their local brand identity, helping preserve trusted relationships within the communities they serve.
• Tenant Investment In Location - Veterinary hospitals hardly ever relocate due to the high costs associated with moving and difficulty retaining the same patients in a new location. They are also very well insulated from e-commerce competition and resilient to economic downturns.
• 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 - 71% of households in the US, or 94 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, and $152 billion on pets in 2024.