815 Us-169, Plymouth, MN 55441
15,079 SF | Retail Building | Plymouth, MN 55441 | $4,890,880 ($324/SF) | 6.25% Cap Rate
For Sale
Active
9 pictures
Asking Price $4,890,880
- Property Type
-
Retail
- Square Feet
- 15,079 SF
- Price / Square Foot
- $324
Listing Contacts
- Property Info
Property Overview
Minnesota Broker of Record: Jon Ruzicka | 1350 Lagoon Ave., Suite 840 Minneapolis, MN 55408 | Tel: (952) 852-9700 | Fax: (952) 852-9710 License: 40583288
Property Details
- Year Built/Renovated
- 1976/2023
- Stories
- 1
- Property Subtype
- Freestanding, Storefront, Storefront Retail/Office, Other Retail
- Lot Size (sq. ft)
- 48,787 SF
Highlights
- 18+ Year Corporate Backed (NVA Holdings) Absolute Net Lease Featuring 10% Rental Increases throughout the Initial Term and Options.
- 2023 Complete Interior and Exterior Renovation. The Nation’s Pet Market Grew 11% in 2023 to $1.36 Billion.
- Strong Guarantee - Lease is backed by National Veterinary Associates (NVA), which was purchased by JAB Holding, Co.
- It is Majority-owned by the Reimann Family, one of the Wealthiest in the World and estimated to have a Net Worth of $20 Billion, according to Forbes.
- The National Veterinary Associates (NVA) is One of the Largest Veterinary and Pet Care Service Providers in the World with 1,500+ Vet Clinics.
- Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success.
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