3500 Alpine Ave NW - Veterinarian/Kennel FOR SALE


Walker, MI 49544
$3,102,750 USD
630-430-2368
3500 Alpine Ave NW, Walker, MI for Sale
$3,102,750 USD
Veterinarian/Kennel - FOR SALE
1/7
null | 6% Cap Rate

3500 Alpine Ave NW
Walker, MI 49544


HIGHLIGHTS

  • Attractive Rent Increases
  • Minimal Landlord Responsibilities
  • Strategic Retail Location
  • Dynamic Tenant
  • High Traffic Counts
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee simple interest in a Lovet Pet Health Care investment property located at 3500 Alpine Drive NW in Walker, Michigan (the “Property”). Lovet Pet Health Care has 9+ years remaining on their lease with three (3), 5-year renewal options. The lease includes attractive 8% rental increases every five years throughout the initial term and at the start of each renewal option period. Lovet Pet Health Care occupies a prominent location along Alpine Avenue NW, the primary commercial and commuter corridor serving Walker. The Property benefits from strong frontage, excellent visibility, and positioning within an established commercial node anchored by a mix of national and local retailers, restaurants, and service-oriented businesses that generate steady daily traffic. The surrounding area is supported by densely populated residential neighborhoods, area schools, and nearby employment centers, providing a reliable and consistent customer base. In addition, the Property offers exceptional regional accessibility via Interstate 196, Interstate 96, and US Route 131, allowing for efficient connectivity throughout the Grand Rapids metropolitan area and the broader western Michigan region

FOR SALE DETAILS

PRICE

$3,102,750 USD

PRICE/SF

$874 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lovet Pet Health Care

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

C-1

APN/PARCEL ID

41-13-01-103-023

ASK ABOUT THIS PROPERTY

Mark HeideckeHorvath & TremblayMore Info
630-430-2368

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Mark HeideckeHorvath & TremblayMore Info
630-430-2368

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.