Destination Pet Portfolio | Texas Locations
For Sale
Destination Pet Portfolio | Texas Locations
Asking Price: $4,030,000
| Cap Rate: 5.75%
- Net Operating Income: $231,663
- Lease Type: Absolute Net
Property Highlights
- Portfolio of 2 single-tenant, free-standing veterinary buildings, occupied by Destination Pet (can be purchased together or separately)
- Destination Pet has over 80 open and operating locations and targets 10 acquisitions/new locations per month
- Backed by a private equity fund, from the United Kingdom, that has committed more than $350M in equity
- Each location is well positioned in rapidly growing markets directly in the path of growth of Dallas and Houston