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251 East Ave 9,918 SF Retail Building Hilton, NY 14468 $2,742,499 CAD ($276.52 CAD/SF) 7.25% Cap Rate



Investment Highlights
- Tenant “MPH” has over 730 veterinary locations across the U.S.
- Double-net (NN) lease offers minimal landlord obligation
- Multiple improvements completed, including new HVAC units, generator, and state of the art flooring
- Recently merged with sister co. “SVP” & sold for $8.6 billion
- Five practicing veterinarians provide a wide range of care
- Lease features 5.6 years remaining with one, 5-year renewal option
Executive Summary
Marcus & Millichap is Pleased to Exclusively Present The Hilton Veterinary Care Hospital, Located in Hilton, New York (Rochester MSA). The Single Tenant Veterinary Care Hospital is 100% Leased to the National Veterinary Service Provider, Mission Pet Health Partners (MPH), Formerly known as Mission Veterinary Partners (MVP). The Hilton Veterinary Care Hospital has Served the Hilton Community since 1989 and has Since Expanded Twice Over the Last Two Decades to Continue Providing High Quality, Affordable Veterinary Care to the Residents in the Rochester, New York MSA. Mission Pet Health (MPH) has Practiced in Hilton Since 2021 and Currently has 5.6 Years Remaining on their Original 10 Year Lease with One, 5 Year Renewal Option Remaining. Since COVID-19, Studies Show Over 23 Million American Households got Pets. Veterinary Practices were Deemed Essential Through the Pandemic and Continue to Grow as Safe and Secure Investments. MVP was Founded in 2017 and Recently Merged with Sister Company, SVP, to
Total 730 Veterinary Hospitals in the United States. Prior to the Merger, MVP was Sourcing Over $1 Billion in Annual Revenue, Increasing by Double with
Sister Company, SVP. MVP is Now Majority Owned by Silver Lake Capital who has Over $102 Billion Assets Under Management. Shore Capital Partners Previously Held Majority Ownership on Both Companies and will Remain as a Minority Owner After the Estimated $8.6 Billion Deal.
The 1989 Built and 2018 Renovated Veterinary Care Hospital Stands at 6,634 Square Feet and has Received Many Improvements Over the Years, Including Two new HVAC Units for The Reception Area in 2019, New Generator in 2020, and New, State of the Art Flooring at the Beginning of 2026. The Hospital Staff also Utilize 12 Parking Spots From The Neighboring Cilo Lodge. The Double-Net (NN) Lease Requires Minimal Landlord Obligation, and Provides Stable, Long-Term Returns with Two Percent (2%) Annual Rent
increases. Five (5) Practicing Veterinarians Provide a Wide Range of Veterinary Medicine Services Including General Wellness Exams, Dental Care, Surgery, Senior Wellness, Parasite Prevention, Exotic Pet Care, Microchipping, Chiropractic Care and more. Within a 5-mile radius of HVC, over 34,000 People Reside, and the Average Household Income Surpasses $113,000. Finally, Hilton, NY is Strategically Located 16 Miles Northwest of Rochester with Access to Major Regional Transportation Corridors.
Total 730 Veterinary Hospitals in the United States. Prior to the Merger, MVP was Sourcing Over $1 Billion in Annual Revenue, Increasing by Double with
Sister Company, SVP. MVP is Now Majority Owned by Silver Lake Capital who has Over $102 Billion Assets Under Management. Shore Capital Partners Previously Held Majority Ownership on Both Companies and will Remain as a Minority Owner After the Estimated $8.6 Billion Deal.
The 1989 Built and 2018 Renovated Veterinary Care Hospital Stands at 6,634 Square Feet and has Received Many Improvements Over the Years, Including Two new HVAC Units for The Reception Area in 2019, New Generator in 2020, and New, State of the Art Flooring at the Beginning of 2026. The Hospital Staff also Utilize 12 Parking Spots From The Neighboring Cilo Lodge. The Double-Net (NN) Lease Requires Minimal Landlord Obligation, and Provides Stable, Long-Term Returns with Two Percent (2%) Annual Rent
increases. Five (5) Practicing Veterinarians Provide a Wide Range of Veterinary Medicine Services Including General Wellness Exams, Dental Care, Surgery, Senior Wellness, Parasite Prevention, Exotic Pet Care, Microchipping, Chiropractic Care and more. Within a 5-mile radius of HVC, over 34,000 People Reside, and the Average Household Income Surpasses $113,000. Finally, Hilton, NY is Strategically Located 16 Miles Northwest of Rochester with Access to Major Regional Transportation Corridors.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
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-
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| Other Income |
-
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-
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| Vacancy Loss |
-
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-
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| Effective Gross Income |
-
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-
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| Net Operating Income |
$99,999
|
$9.99
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Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,918 SF
Building Class
B
Year Built/Renovated
1989/2018
Price
$2,742,499 CAD
Price Per SF
$276.52 CAD
Cap Rate
7.25%
NOI
$198,863 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.04 AC
Zoning
05
Frontage
80’ on East Ave
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Hilton Veterinary Hospital
- Professional, Scientific, and Technical Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Hilton Veterinary Hospital | Professional, Scientific, and Technical Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 264001-032-060-0003-013-120 | Improvements Assessment | $1,003,286 CAD |
| Land Assessment | $71,663 CAD | Total Assessment | $1,074,949 CAD |
Property Taxes
Parcel Number
264001-032-060-0003-013-120
Land Assessment
$71,663 CAD
Improvements Assessment
$1,003,286 CAD
Total Assessment
$1,074,949 CAD
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251 East Ave
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