Single-Tenant Office Medical
Destination Pet
9530 W 80th Ave, Arvada, CO 80005
Listing Price: $3,492,000
Cap Rate
6.50%
Tenant Name
Destination Pet
Years Remaining On Lease
8.2
Guarantor
Corporate Guarantee
Rentable SF
13,310
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.05
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Destination Pet Facility on newly signed 10-Year NNN lease in Arvada, Colorado.
Destination Pet
Investment Highlights
- Brand New 10-Year Corporately Guaranteed Lease with Rare 2.5% Annual Rent Increases
- The facility benefits from strategic location on 4.9 acre lot in dense affluent suburb of Denver. There is substantial residual land value with upside to increase rents in the future.
- Destination Pet, headquartered in Highlands Ranch, Colorado is redefining pet healthcare with over 200 locations in 40 states nationwide.
Exclusively Listed By
Listing Price: $3,492,000
Cap Rate
6.50%
Tenant Name
Destination Pet
Years Remaining On Lease
8.2
Guarantor
Corporate Guarantee
Rentable SF
13,310
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.05
Investment Highlights
- Brand New 10-Year Corporately Guaranteed Lease with Rare 2.5% Annual Rent Increases
- The facility benefits from strategic location on 4.9 acre lot in dense affluent suburb of Denver. There is substantial residual land value with upside to increase rents in the future.
- Destination Pet, headquartered in Highlands Ranch, Colorado is redefining pet healthcare with over 200 locations in 40 states nationwide.
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Destination Pet Facility on newly signed 10-Year NNN lease in Arvada, Colorado.
Exclusively Listed By
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