5135 N Ravenswood Ave - Warehouse FOR SALE
Chicago, IL 60640 |
5135 N Ravenswood Ave
Chicago, IL 60640
HIGHLIGHTS
- Absolute NNN Lease – This investment offers a potential investor a completely passive, long-term investment with minimal landlord responsibilities
- Scheduled Rental Increases – 10% rental increases every 5 years provide a future owner with a boost in cash flow and return on their investment
- E-Commerce & Recession-Resistant Property – Veterinary properties are extremely sought-after investments for their resistance to downturns in the econ
- Tenant Investment in Location – Vet Clinics rarely relocate due to difficulty retaining the same patients in a new location/high costs of moving
- Ideal Location for Target Market – Bow Wow Lounge is ideally located in a dense residential area, providing access to their large patient base
- Extremely Dense, Real Estate – The asset caters to over 924,608 residents within a 5-mile radius
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Destination Pet | Abs NNN | Long Term Lease
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
ADD'L SUBTYPES
Veterinarian/Kennel, Medical
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1998
UTILITIES
Heating
CLEAR CEILING HT
12 Ft
DOCKS
-
DRIVE INS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
14-07-403-037-0000
