Staff Reports | Business & Commerce
Kidder Mathews Vice President Daniel Solomon brokered the sale of the VCA McCormick Ranch Animal Hospital & Emergency Center, a 6,403-square-foot, 24/7 veterinary hospital at 10380 N. Hayden Road in Scottsdale.
The property changed hands for the first time in more than 45 years, with Mr. Solomon representing the seller, a family that had owned the building since 1980, according to a press release.
The transaction highlights continued demand for healthcare real estate assets, including veterinary facilities, which remain among the most resilient categories in the national net-lease marketplace.
“Properties like this don’t come along often,” said Mr. Solomon. “You have a legacy asset, a world-class operator and an incredible location in one of the most affluent markets in the country, all in one. The sale of the VCA McCormick Ranch Animal Hospital & Emergency Center represents the passing of a generational property that will continue to anchor premium veterinary services in Scottsdale for a long time.”
The hospital serves one of the most affluent pet-owning populations in the country, positioned near Paradise Valley, where median household incomes exceed $200,000. The surrounding area includes luxury estates, private golf courses and destination resorts.
The facility is accredited by the American Animal Hospital Association, a distinction earned by fewer than 15 percent of veterinary hospitals nationwide.
Operated by VCA—the world’s largest veterinary hospital operator—the property functions as a 24/7 emergency and referral center offering general practice, specialty services and continuous emergency care. VCA’s national strength was underscored in 2017 when Mars Inc. acquired VCA for $9.1 billion.
Scottsdale’s population growth, rising household incomes and corporate migration have fueled sustained demand for both human and animal healthcare services, making veterinary real estate an increasingly sought-after asset class.
