Austin Vet Care at Metric

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire the fee-simple interest in the free standing, two-tenant, Austin Vet Care at Metric (the "Property" or "Asset") located at 12419 Metric Blvd in Austin, TX. Home to two nationally recognized operators of scale, the tenants operate on individual leases with 3.00% annual rent escalations and a weighted average lease term of ±4.9 years.

The Asset comprises 10,500 SF and sits on a 0.5-acre parcel in North Austin, equidistant to both Mopac Expy and Interstate-35, two of central Texas’s busiest roadways. The Property operates through independent service offerings between three distinct business lines. Thrive Pet Healthcare (“Thrive”) offers Pet Wellness Exams, Emergency Care, and Ophthalmology efforts through Eye Care for Animals and Austin Vet Care. While National Veterinary Associates (“NVA”) offers Pet Training, Daycare, and Boarding services through the Taurus Academy. This unique Asset is strategically positioned to serve as a trusted “one-stop-shop”, delivering integrated veterinary care and specialized treatment plans for pets in the growing Austin market through two of the largest veterinary operators in the United States.

This offering provides investors with the opportunity to acquire a dominant Asset with secure, long-term cash flow. The Asset is strategically positioned to capitalize on Austin’s rapid expansion and the durable growth of the veterinary care industry. Its location in an affluent, high-growth submarket provides a clear path for long-term value creation through its two national operators.