3910 85th St - Medical FOR SALE
Kenosha, WI 53142 |
$702,491 USD
737-234-3972
3910 85th St
Kenosha, WI 53142
HIGHLIGHTS
- 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
- The Veterinary Services Market Has Had Significant Revenue Growth of 11.40% Since 2019 and is Expected to Reach $56.6 Billion By 2029
- Veterinary Hospitals Are Sound Investments as They Are Pandemic, E-Commerce Resistant and Have Low Relocation Rates Due to High Relocation Costs
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,800 SF Blue River PetCare Located at 3910 85th Street in Kenosha, WI. The Lease Features 2% Annual Rental Increases Throughout the Term, Steadily Growing the NOI and Hedging Against Inflation, Providing For a Secured Investment.
In Cooperation With ParaSell, Inc. , A Licensed Wisconsin Broker - Lic. #938545-91 BoR: Scott Reid - Lic. WI #58772-90
FOR SALE DETAILS
PRICE
$702,491 USD
PRICE/SF
$232 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Blue River PetCare - Kenosha, WI
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Drug Store, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1987
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.81 AC
LAND SF
35,284 SF
ZONING
B-1
APN/PARCEL ID
91-4-122-114-0193
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737-234-3972
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737-234-3972
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