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Off Market
1/28

3240 Briarfield Blvd
Maumee, OH 43537


HIGHLIGHTS

  • E-Commerce & Recession-Resistant Property - extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends
  • Tenant Investment in Location – Veterinary Clinics rarely relocate due to difficulty retaining same patients in new location, & high costs of moving
  • Very Passive Lease Structure – This investment offers investors a potential investor a very passive “hands-off” investment
  • Ideal Location for Target Market – Total Pet Care is located only 8 miles from the University of Toledo – providing access for large patient base
  • Private Equity Backing – Private Equity investment in Blue River PetCare by Partners Group, provides significant capital to expedite their expansion
  • Extremely Insulated to Economic Downturns – Pet Care spending grew during the past two economic downturns and recessions

OVERVIEW

LOCATION HIGHLIGHTS Ideal Location for Target Market – Total Pet Care is located only 8 miles from the University of Toledo – providing access for one of Total Pet Care’s larger patient bases Above Average Household Incomes – The 2019 average household incomes were well-above the national average in the 1,3, and 5-mile radius: $85,970, $84,472, $86,736 High-Traffic Corridor – Total Pet Care is located at the convergence of Salisbury Rd and Briarfield Blvd, providing for fantastic visibility and access from two major streets in the trade area with combined traffic counts exceeding 30,000 VPD TENANT HIGHLIGHTS Extremely Insulated to Economic Downturns – Pet Care spending grew during the past two economic downturns and recessions. Spending grew 29% during the 2001 Economic Recession and grew 17% during the 2008 Great Recession Private Equity Backing – Private Equity investment in Blue River PetCare by Partners Group, provides significant capital to expedite their expansion and acquisition of new hospitals across the country Expanding Operations – Blue River PetCare expands by acquiring existing veterinary practices that are already successful and established within the community. This allows them to quickly grow their footprint across new markets

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Blue River PetCare | 100+ Units | Vet Clinic

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

8482

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

38-86003