CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE the Cat & Dog Hospital of Columbia, a well-established veterinary facility located at 7276 Cradlerock Way in Columbia, Maryland. This 3,000-square-foot property is strategically positioned within the Owen Brown Village Center, a high-traffic retail hub anchored by Giant Food, McDonald’s, and other local businesses. The site benefits from excellent visibility along Cradlerock Way (12,242 VPD) and nearby Brokenland Parkway (31,120 VPD), with convenient regional access to Route 29, Route 32, and I-95.
The property is leased to Heartland Veterinary Partners, one of the nation’s largest and fastest-growing veterinary support organizations. Backed by private equity firm Gryphon Investors, Heartland brings financial strength and operational expertise to this mission-critical location. The corporately guaranteed lease commenced in October 2023 and includes a 10-year initial term with two 3-year renewal options and 2% annual rental increases throughout the base and option periods. The double-net structure limits landlord obligations to roof and structure, offering stable, long-term income with minimal management responsibilities.
There are over 4,000 households within a 1-mile radius of the property, providing a strong, built-in customer base for veterinary services. With the next closest veterinary clinic located more than two miles away, the Cat & Dog Hospital of Columbia benefits from limited nearby competition and high neighborhood demand—reinforcing its essential role in this densely populated, pet-owning community.
Offered as a fee simple condominium interest, this investment provides ownership of a single-tenant healthcare asset with an essential, recession-resistant use. The surrounding area features strong demographics, with 217,690 residents and average household incomes of $174,041 within a 5-mile radius.
With a high-credit tenant, long-term lease, affluent trade area, and low-maintenance ownership structure, the Cat & Dog Hospital of Columbia represents a compelling opportunity to acquire a durable, healthcare-based investment in one of Maryland’s most desirable suburban communities.