5821 Industrial Ln SE - Veterinarian/Kennel FOR SALE
Prior Lake, MN 55372 |
$1,745,600 USD
612-332-6600
5821 Industrial Ln SE
Prior Lake, MN 55372
HIGHLIGHTS
- Destination Pet is doing business as Paws and Pals and is on a NNN lease with 14+ years remaining and 2.5% annual rent increases.
- Located in a high-income trade area with an average household income of $168,515 within a 1-mile radius and 5-mile population of 72,266.
- Strong Tenant: The tenant on the lease, Destination Pet, has an expansive network with 190+ locations across 35 states.
- Paws and Pals is a full-service, all suites pet resort serving the south Twin Cities metro, offering services including dog daycare, grooming, etc.
- This property is located in Prior Lake, MN, a suburb located approximately 25 miles southwest of Minneapolis.
- Prior Lake is home to Mystic Lake Casino & Hotel, Lakefront Park, and more.
FOR SALE DETAILS
PRICE
$1,745,600 USD
PRICE/SF
$221 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Destination Pet
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Veterinarian/Kennel
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
-
APN/PARCEL ID
25-427-003-0
ASK ABOUT THIS PROPERTY
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612-332-6600
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612-332-6600
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