Dr. Boyd’s Pet Resort offers investors the rare opportunity to acquire a high-profile, single-tenant asset located in the heart of San Diego, California. The approximately 8,100 square foot facility is positioned along San Diego Avenue, adjacent to Interstate 5, providing excellent visibility and exposure to thousands of vehicles daily. The property’s central location offers convenient access to downtown San Diego, the San Diego International Airport, and surrounding affluent communities.
Dr. Boyd’s Pet Resort provides a full range of veterinary services, boarding, and pet care. Their San Diego facility operates as part of Thrive Pet Healthcare Partners, a national veterinary platform with over 360 locations and 1.4 million pets served annually. Thrive’s involvement significantly enhances the credit profile of the asset, offering investors long-term stability and institutional backing.
The property is encumbered by a triple net lease with 6.9 years remaining, guaranteed by Thrive Pet Healthcare, minimal landlord responsibilities and attractive annual rental increases. Thrive’s corporate guarantee coupled with the property’s irreplaceable location and high daily traffic exposure offers investors durable cash flow with minimal management oversight.
Upon closing, the selected purchaser will assume the existing lease with Dr. Boyd’s Pet Resort, providing secure income backed by one of the most active veterinary consolidators in the nation.