104 W Main St, Whitehouse, TX 75791 For Sale

TENANT HIGHLIGHTS

• Established Presence in the Whitehouse Community – Operating for 35+ years, this hospital has been a trusted provider in the Whitehouse community since 1990. Its long-standing history highlights the clinic’s strong reputation and continued commitment to this location.

• Dominant Private Equity Backing - Supported by Gryphon Investors, a $10B+ AUM private equity firm with extensive experience in scaling healthcare platforms through strategic capital and operational expertise, positioning Heartland Veterinary Partners for continued growth.

• Growth-Oriented Platform - Heartland Veterinary Partners is a leading and rapidly growing veterinary support organization with a strong reputation as a partner of choice. The platform provides comprehensive non-clinical services, allowing veterinarians to focus on patient care while benefiting from national operational support.

• Veterinarian-Centered Partnership Model - Heartland Veterinary Partners supports veterinary hospitals while allowing clinics to maintain clinical autonomy and their local brand identity, helping preserve trusted relationships within the communities they serve.

• Tenant Investment In Location - Veterinary hospitals hardly ever relocate due to the high costs associated with moving and difficulty retaining the same patients in a new location. They are also very well insulated from e-commerce competition and resilient to economic downturns.

• Robust Industry Growth - The global veterinary services market, valued at $150 billion in 2024, is projected to grow at a 7.45% CAGR from 2023 to 2030.

• Key Pet Ownership Statistics in the US - 71% of households in the US, or 94 million households, own a pet. This increase in pet ownership trend has fueled demand for veterinary services, including preventive care, diagnostics and treatments. The average US dog owner spends about $2,524 per year on recurring pet costs. People spent $147 billion on pets in 2023, and $152 billion on pets in 2024.

LOCATION HIGHLIGHTS

• Tyler MSA Population Increase - The Tyler Metropolitan Statistical Area (MSA) has grown to approximately 245,000 residents according to recent U.S. Census estimates, reflecting a long-term trend of population expansion. The region has experienced double-digit population growth over the past four decades and continues to attract a younger demographic, with a median age of 33.4, supporting workforce growth and long-term economic development.

• Affluent Demographics - The property caters to over 28,830 residents within a 5-mile radius and 150,045 residents within a 10-mile radius. The average household income within a 5-mile radius is $116,268.

• Active Residential Development - The Whitehouse area continues to experience steady residential expansion, with nearby developments including Villas on Main and The Villas at Shahan Trail, along with single-family subdivisions including Forestdale and Park Meadows. These projects reflect ongoing housing growth in Whitehouse and the surrounding Tyler MSA.

• Growing Tyler Submarket - The Whitehouse Veterinary Hospital is in Whitehouse, Texas, within the Tyler MSA, a key East Texas hub with a strong healthcare and employment base. Approximately 10 miles southeast of Tyler, Whitehouse is a growing, family-oriented suburb supported by a strong school system and stable residential base, driving consistent demand for veterinary services. The property benefits from proximity to major healthcare systems and serves a broad regional customer base, including Tyler, Bullard, and surrounding communities.

• The Great State Of Texas - Texas is the 2nd largest economy in the U.S. with a GDP exceeding $2.7 trillion. A top-ranked business climate with no state income tax, Texas has been recognized as the Best State for Business for the past 21 years by Chief Executive Magazine. Texas’s pro-business policies and resident-friendly regulations have fueled both corporate relocations and population influx. U.S. Census Bureau data shows that between July 1, 2022, and July 1, 2023, Texas added +/- 470,000 new residents.