99701 S Cicero Ave - Bank FOR SALE
Oak Lawn, IL 60453 |
$1,500,000 USD
737-234-3972
99701 S Cicero Ave
Oak Lawn, IL 60453
HIGHLIGHTS
- The U.S. veterinary services industry generated more than $36 billion in revenue in 2024 and is projected to exceed $68 billion by 2033.
- Lease responsibilities are limited to foundation, roof, exterior walls, and structural components.
- Thrive Pet Healthcare is a leading national veterinary platform operating 400+ clinics across 37 states; founded in 2003 and headquartered in Austin.
- The property is located within a strong infill corridor with over 180,000 residents within a 3-mile radius.
- The lease includes 10% rental increases every 5 years, including option periods, offering predictable income growth and long-term protection.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 2,084 SF Thrive Pet Healthcare located at 9701 S Cicero Avenue in Oak Lawn, Illinois. This offering features a highly passive, landlord-friendly lease structure, with responsibilities limited to the foundation, roof, exterior walls, and structural components providing investors with minimal management obligations and durable, predictable cash flow. Together, these attributes create a unique and compelling investment opportunity.
In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman - Lic. IL #471021429
FOR SALE DETAILS
PRICE
$1,500,000 USD
PRICE/SF
$720 USD /SF
CAP RATE
6.71%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Thrive Pet Healthcare - Oak Lawn, IL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
ADD'L SUBTYPES
Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
11
LAND DETAILS
LAND ACRES
0.4 AC
LAND SF
17,424 SF
ZONING
C-3
APN/PARCEL ID
24-10-124-001-0000,24-10-124-002-0000,24-10-124-003-0000
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737-234-3972
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737-234-3972
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