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Miscellaneous

Dogtopia

6148 N 7th St, Phoenix, AZ 85014

Listing Price: $3,819,000

Cap Rate
4.50%
Tenant Name
Dogtopia
Years Remaining On Lease
12.2
Gross SF
5,729
Guarantor
Corporate Guarantee
Rentable SF
5,729
Price/Gross SF
$666.61
Lease Type
Double Net
Rent Per Square Feet
$30.00

Investment Overview

Dogtopia centers offer dog daycare, boarding and spa services (some offering grooming and training) under a refined and perfected model. With approximately 90 million dogs in U.S. and pet owners spending an all-time high of $96 billion on their pets annually, the pet industry is poised to continue to grow rapidly. The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. As of 2020, Metro Phoenix had 4.8 million residents, making it the nation's 11th largest metropolitan area. The largest city is Phoenix, which encompasses about 520 square-miles and boasts a population of more than 1.6 million.

Investment Highlights

  • Brand New 12 Year Lease with Dogtopia - Fully Renovated Property
  • High Visibility Location at Signalized Hard-Corner Intersection of North 7th Street and East Rose Lane (33,100+ Cars per Day)
  • 405,125 Residents within a Five Mile Radius in Dense Phoenix Infill Area
  • Affluent Residential Area - $115,321 Annual Household Income in One Mile Radius
  • Extremely Dense Daytime Population - 797,053 Employees in Immediate Area
  • Central Location in Close Proximity to Downtown Phoenix and Phoenix Sky Harbor International Airport (nearly 39 Million Annual passengers)
  • Subject Property is Less Than Four Miles from Arizona Biltmore Waldorf Astoria Resort, and the Biltmore Fashion Park, and the Camelback Colonnade
  • Within One Mile of Uptown Farmers' Market, Christown Spectrum, and Cinema Park Village Shopping Centers, with National Retail Tenants

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Miscellaneous

Dogtopia

Listing Price: $3,819,000

Cap Rate
4.50%
Tenant Name
Dogtopia
Years Remaining On Lease
12.2
Gross SF
5,729
Guarantor
Corporate Guarantee
Rentable SF
5,729
Price/Gross SF
$666.61
Lease Type
Double Net
Rent Per Square Feet
$30.00

Investment Highlights

  • Brand New 12 Year Lease with Dogtopia - Fully Renovated Property
  • High Visibility Location at Signalized Hard-Corner Intersection of North 7th Street and East Rose Lane (33,100+ Cars per Day)
  • 405,125 Residents within a Five Mile Radius in Dense Phoenix Infill Area
  • Affluent Residential Area - $115,321 Annual Household Income in One Mile Radius
  • Extremely Dense Daytime Population - 797,053 Employees in Immediate Area
  • Central Location in Close Proximity to Downtown Phoenix and Phoenix Sky Harbor International Airport (nearly 39 Million Annual passengers)
  • Subject Property is Less Than Four Miles from Arizona Biltmore Waldorf Astoria Resort, and the Biltmore Fashion Park, and the Camelback Colonnade
  • Within One Mile of Uptown Farmers' Market, Christown Spectrum, and Cinema Park Village Shopping Centers, with National Retail Tenants

Investment Overview

Dogtopia centers offer dog daycare, boarding and spa services (some offering grooming and training) under a refined and perfected model. With approximately 90 million dogs in U.S. and pet owners spending an all-time high of $96 billion on their pets annually, the pet industry is poised to continue to grow rapidly. The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. As of 2020, Metro Phoenix had 4.8 million residents, making it the nation's 11th largest metropolitan area. The largest city is Phoenix, which encompasses about 520 square-miles and boasts a population of more than 1.6 million.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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