This is a rare opportunity to acquire a trophy real estate asset and a nationally recognized pet resort business in one of Arizona’s most exclusive markets—Paradise Valley. The offering includes the real estate at $17 million and the Applewood Pet Resort business at $16 million, allowing buyers flexibility to pursue a combined or separate acquisition strategy. The ±18,093 square foot property sits on ±2.07 acres of meticulously improved land, with two freestanding buildings: a ±14,408 SF luxury pet resort and a ±3,685 SF veterinary hospital. The pet resort will execute a new, long-term NNN lease at closing as part of a sale-leaseback, providing stable income and operational continuity. The veterinary hospital is leased to Midwest Veterinary Partners, LLC, a private equity–backed national veterinary operator owned by Shore Capital Partners, with over 450 hospitals nationwide. Both tenants are considered strong-credit occupants with long-term commitments and low default risk. The site is zoned SUP-O (Special Use Permit – Office/Commercial) and features a grandfathered kennel use that predates the Town of Paradise Valley’s incorporation. This makes Applewood the only legally operating pet resort in Paradise Valley and establishes a zoning profile that is nearly impossible to duplicate. The entitlement is both secure and irreplaceable—creating high barriers to entry and long-term value protection. Strategically located on Lincoln Drive with exposure to more than 25,000 vehicles per day, the property lies just minutes from Scottsdale, Arcadia, and the Camelback Corridor—some of the highest-income residential areas in the Southwest. The surrounding 1-mile radius boasts an average household income of over $180,000, and real estate in Paradise Valley routinely trades at a premium due to limited commercial land, stringent zoning, and strong buyer demand. This is a legacy asset that combines institutional-grade real estate, long-term cash flow, elite tenancy, and future redevelopment potential. Whether acquired by a 1031 exchange investor, private equity group, family office, or strategic operator, Applewood Pet Resort represents one of the most defensible and desirable investment offerings in Arizona.