Blue River PetCare | Delavan, WI

Blue River PetCare
W7702 WI-11, Delavan, WI, 53115, USA

Sands Investment Group is Pleased to Exclusively Offer For Sale the 4,000 SF Blue River PetCare NN Asset Located at W7702 WI-11 in Delavan, WI. This Deal Includes 6+ Years Remaining on the Initial Lease Term, Providing For a Long-Term Investment and This Deal is a Double Net (NN) Lease With Landlord Responsibilities Limited to Roof and Structure, Providing For a Secured Investment.

  • This is a Double Net (NN) Lease With Landlord Responsibilities Limited to Roof and Structure
  • Blue River PetCare is a Leading Operator of Veterinary Hospitals, Managing Over 200 Hospitals Across the Country Provides a Corporate Guarantee of the Lease
  • 6+ Years Remaining on the Initial Lease Term, Providing For a Long-Term Investment
  • The Lease Features 2% Annual Rental Increases Throughout the Term, Steadily Growing the NOI and Hedging Against Inflation
  • The Veterinary Services Market Has Had Significant Revenue Growth of 11.40% Since 2019 and is Expected to Reach $56.6 Billion By 2029
  • Veterinary Hospitals Are Sound Investments as They Are Pandemic, E-Commerce Resistant and Have Low Relocation Rates Due to High Relocation Costs

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

Blue River PetCare
W7702 WI-11, Delavan, WI, 53115, USA

BLUE RIVER PETCARE

Blue River PetCare is a community of veterinary practices and dedicated professionals working together to better the lives of the patients we treat. From coast-to-coast, we offer a long-term home for veterinary practices to continue to grow and thrive, and a welcoming environment that encourages career growth and development for our team members across the country. Our practices are vital members of their local communities—serving the unique needs of patients and clients that rely on their knowledge, skill, and dedication. Founded in 2009 in Chicago, Blue River PetCare is one of the leading operators of veterinary hospitals in the US. Blue River PetCare is a network of veterinary practices across the United States, operating over 200 locations in 39 states. Their hospitals are situated in diverse environments, including coastal towns, mountain regions, small towns, and major cities.

Price

$492,948

Cap Rate

7.75%

PREMISES

4,000 SF

RENEWAL OPTIONS

3 x 5 Year Options

Lease Expiration

06/30/2031

Lease Type

NN

RENTAL INCREASES

2% Annual

BROKERS

List with SIG

Tap into the expertise of brokers who specialize in your property type.

Get In Touch