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Veterinarian Kennel For Sale • 6,150 SF
| This is a Double Net (NN) Lease With Landlord Responsibilities Limited to Roof and Structure |
| Blue River PetCare is a Leading Operator of Veterinary Hospitals, Managing Over 200 Hospitals Across the Country Provides a Corporate Guarantee |
| 6+ Years Remaining on the Initial Lease Term, Providing For a Long- Term Investment |
| The Lease Features 2% Annual Rental Increases Throughout the Term, Steadily Growing the NOI and Hedging Against Inflation |
| Located in the Main Retail Corridor For Racine, the Site Benefits From Great Visibility, Below Market Rents ($10.35/SF) and an Oversized 1.4 Acre Lot |
| The Veterinary Services Market Has Had Significant Revenue Growth of 11.40% Since 2019 and is Expected to Reach $56.6 Billion By 2029 |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Blue River PetCare | 6,150 SF | 6/30/2031 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 6 min | - | 3.2 mi | |
| Airport | Drive | Walk | Distance |
| General Mitchell International | 30 min | - | 22.1 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 88 |
| Type: | Surface |
| Included in Rent: | Yes |
