Investment Overview

Marcus & Millichap is Pleased to Present The Sabino Vet Care Hospital, Located in Tucson, Arizona. The Single Tenant Animal Hospital is 100 Percent Leased to the National Veterinary Service Provider, Mission Pet Health (MPH). Mission Pet Health (MPH) has Practiced in Tucson Since 2021 and Currently has Six Years Remaining on their Original 10 Years Lease with One, Five Year Renewal Option. The Sabino Vet Care Hospital is Accredited by The American Animal Hospital Association (AAHA) which is the Only Organization that Accredits Veterinary Practices in the United States and Canada. 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. The Corporate Tenant was Founded in 2014 and Recently Merged with their Sister Company for Over 8.4 Billion Dollars. Together, they are Two of the Nation’s Most Respected and Innovative Veterinary Organizations. Together the Newly Named Corporation has Over 840 Veterinary Locations in 41 U.S. States and Pulls in Over $1 Billion in Annual Revenue. Additionally, the Tenant is Now Majority Owned by a California Based Institution that has more than $102 Billion AUM. The 2006 Built Animal Hospital Stands at Just Over 3,000 Square Feet and Requires Minimal Landlord Obligation Under the Double-Net (NN) Lease. Four Practicing Veterinarians and 19 Staff Members 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. The Investment Provides Strong, Long-Term Returns with Two Percent (2%) Annual Rent Increases.