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Investment Highlights

  • Vetcor corporate guaranty (905+ Locations)
  • New roof installed 5 years ago | 2018 expansion
  • Prime DFW MSA Location | Fourth largest metropolitan area in the nation
  • Full-service veterinary facility

Executive Summary

Vetcor Corp. Guaranty (905+ Locations) | NNN Lease | Prime DFW MSA Location
• Vetcor Corporate Guaranty - Lease is backed by a corporate guaranty from Vetcor – a leading operator of community-based veterinary hospitals across the United States and Canada, supporting 905+ practices.
• Full-Service Veterinary Facility - The Midlothian Veterinary Clinic is a full-service animal hospital offering comprehensive medical, surgical, and dental services. The facility is equipped with advanced veterinary infrastructure, including in-house diagnostic testing, digital radiography, surgical suites, dental suites, and an on-site pharmacy.
• NNN Lease - This NNN lease provides an extremely passive investment vehicle with minimal landlord responsibilities.
• Additional Revenue Streams - In addition to veterinary care, the facility offers boarding and grooming services, providing additional sources of income.
• National Platform With Institutional Backing - Vetcor is one of the largest and most established veterinary operators in North America, supporting over 900+ community-based practices across the U.S. and Canada.
• Private Equity Sponsorship - Vetcor is backed by Harvest Partners, LP and Cressey & Company, LP. Harvest Partners manages over $20 billion in assets under management and brings more than 40 years of middle-market investment experience, providing substantial financial strength and operational infrastructure.
• Proven Acquisition and Growth Model - Vetcor continues to expand across North America.
• 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 –
— 72% of households in the US, or 95 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, $152 billion on pets in 2024, and $158 billion in 2025.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
4,800 SF
Building Class
B
Year Built/Renovated
1984/2019
Price
$2,181,759 CAD
Price Per SF
$454.53 CAD
Cap Rate
7.50%
NOI
$163,632 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.73 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Nearby Major Retailers

Beef'o'brady's
Waffle House
Taco Bueno Restaurants
Steak ‘n Shake
Scooter's Coffee
InterBank
Starbucks
Jazzercise

Property Taxes

Property Taxes

Parcel Number
230018
Land Assessment
$1,252,187 CAD
Improvements Assessment
$295,355 CAD
Total Assessment
$1,547,542 CAD
  • Listing ID: 40939332

  • Date on Market: 2026-06-16

  • Last Updated:

  • Address: 840 E Main St, Midlothian, TX 76065

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