812 Gilmer Rd Longview, TX 75604

This veterinary clinic presents a stable, long-term investment opportunity with approximately 8 years remaining on a NNN lease. The property is located in Longview, TX, an area with a population of over 85,000. The location is strategically positioned along the highways east of Dallas, benefiting from a traffic count of approximately 19,500 vehicles per day in the vicinity. The clinic is surrounded by retailers including Exxon, Cynergy Technology, Vera Bank, and Phoenix Logistics. The lease structure includes 2% annual increases, providing a hedge against inflation. The lease structure requires minimal landlord responsibilities, offering a passive investment. The property is suitable for both local and national investors. Veterinary properties are considered e-commerce and recession-resistant investments. The clinic is occupied by Valley Veterinary Care (VVC), founded in 2016, which operates 24 hospitals in Texas, California, and Colorado. VVC recently joined the Veterinary Innovative Partners (VIP) network, expanding VIP to nearly 70 hospitals. The global veterinary services market is expected to reach $142 billion by 2025, with a CAGR of 5.6% during that period. The property size is 4,084 square feet.