Investment Overview

Marcus & Millichap is pleased to present Highland Animal Hospital located at 981 S. McPherson Church Road, Fayetteville, NC. This veterinary hospital was constructed in 2019 and consists of approximately 12,000 square feet situated on 2.09 acres of land. The property is 100 percent leased to Highland Animal Hospital – AmeriVet Partners Management, Inc. under a triple-net lease structure featuring 2.5 percent annual rental increases and one Five-year renewal option. The lease is backed by a corporate guarantee from AmeriVet Veterinary Partners, which operates more than 200 veterinary hospitals across 35 states, with approximately 12 years remaining on the initial 15-year lease term. Highland Animal Hospital is a well-established full-service veterinary hospital located in Fayetteville and has been serving the community since 1956. The practice provides a wide range of veterinary services including wellness care, surgery, dental procedures, diagnostics, preventative medicine, boarding, and emergency treatment for pets throughout the greater Fayetteville area. The hospital has developed a strong reputation within the community for comprehensive animal care and long-standing client relationships. AmeriVet Veterinary Partners is a rapidly expanding veterinary practice management organization headquartered in San Antonio, Texas. Founded in 2017, the company partners with veterinary hospitals nationwide by providing operational, administrative, recruiting, marketing, and financial support while allowing local veterinarians to maintain clinical autonomy. AmeriVet currently operates more than 200 veterinary hospitals across the United States and is recognized for its partnership-focused model that preserves the identity and culture of individual practices while leveraging the resources of a larger organization. The property is strategically located along McPherson Church Road, a prominent commercial and residential corridor in western Fayetteville that provides strong regional connectivity throughout the greater Fayetteville and Fort Liberty area. The corridor serves as a key north-south thoroughfare connecting to several major transportation routes including Raeford Road (U.S. 401), Cliff Dale Road, Skibo Road, the All-American Freeway, and nearby Interstate 295. These roadway connections provide convenient access throughout Cumberland County and the broader southeastern North Carolina region. The surrounding area benefits from strong residential density, significant retail development, and a large military-driven population associated with Fort Liberty, one of the largest military installations in the United States. Nearby amenities include Cross Creek Mall, national retailers, restaurants, hotels, medical offices, and numerous neighborhood shopping centers that support continued commercial growth throughout the corridor. McPherson Church Road continues to experience ongoing retail and service-oriented development due to strong traffic counts, excellent accessibility, and sustained population growth within the Fayetteville market.