Blue River Pet Care - Appleton, WI

3,500 SF | Retail Building | Appleton, WI 54914 | $1,281,860 ($366/SF) | 7.50% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,281,860

Property Type
Retail
Square Feet
3,500 SF
Price / Square Foot
$366

Listing Contacts

Austin Eastman
Austin Eastman
Verified Profile
Gage Earnhart
Gage Earnhart
Verified Profile
  • Property Info

Property Overview

Sands Investment Group is Pleased to Exclusively Offer for Sale a 3,500 SF Blue River Pet Care Located at 1001 West Northland Avenue in Appleton, WI. This Deal Includes Over 5 Years Remaining on the Initial Lease Term, Providing For a Long-Term Investment and Very Passive Lease Structure With Minimal Landlord Responsibilities Throughout the Lease Term, Offering a Passive Investment For Both Local and National Investors.

In Cooperation With ParaSell, Inc., A Licensed Wisconsin Broker - Lic. #938545-91 BoR: Scott Reid - Lic. WI #58772-90

Property Details

Class
C
Year Built
1980
Stories
1
Property Subtype
Storefront, Storefront Retail/Office, Medical
Lot Size (sq. ft)
15,682 SF

Highlights

  • Over 5 Years Remaining on the Initial Lease Term, Providing For a Long-Term Investment
  • Veterinary Hospitals Are Sound Investments as They Are Pandemic and E-Commerce Resistant and Have Low Relocation Rates
  • Blue River PetCare is a Leading Operator of Veterinary Hospitals, Managing Over 180 Hospitals Across the Country
  • The Veterinary Services Market Has Had Significant Revenue Growth of 11.40% Since 2019 and is Expected to Reach $56.6 Billion By 2029
  • Strong Performance History - Blue River Pet Care Acquired the Practice in 2017 Because of the Site's Strong, Successful Performance
  • Very Passive Lease Structure - There Are Minimal Landlord Responsibilities Throughout the Lease Term

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