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Mission Veterinary Partners N48W14850 Lisbon Rd

17,900 SF 100% Leased Retail Building Menomonee Falls, WI 53051 $9,688,532 CAD ($541 CAD/SF) 6.68% Cap Rate

Retail Space Wisconsin Menomonee Falls N48W14850 Lisbon Rd, Menomonee Falls, WI 53051

Investment Highlights

  • STABLE LONG-TERM INVESTMENT | OPTIONS TO EXTEND: There are just under 10 years remaining on the lease with 2.00% annual increases.
  • TENANT INVESTMENT IN LOCATION: Pet Hospitals rarely relocate due to difficulty retaining the same patients in a new location.
  • MENOMONEE FALLS, WI: Menomonee Falls is home to several notable companies including Kohls Corporation and Enerpac Tool Group.
  • SCHEDULED RENTAL INCREASES | HEDGE AGAINST INFLATION: The lease features 2.00% annual rental increases.
  • PRIME LOCATION: The ±16,700 SF practice is well positioned along Lisbon Rd with excellent visibility and easy accessibility.
  • MISSION VETERINARY PARTNERS: Mission Veterinary Partners is one of the leading networks of veterinarian-owned and managed general practice.

Executive Summary

Broker of Record
Matt Fitzgerald
License No. 938105-91 (WI)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
17,900 SF
Building Class
B
Year Built/Renovated
2011/2020
Price
$9,688,532 CAD
Price Per SF
$541 CAD
Cap Rate
6.68%
NOI
$646,948 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.15
Land Acres
2.71 AC
Parking
24 Spaces (1.34 Spaces per 1,000 SF Leased)

Links

1 of 1

PROPERTY TAXES

Parcel Number MNFV-0139-991-002 Improvements Assessment $6,139,249 CAD
Land Assessment $400,683 CAD Total Assessment $6,539,932 CAD

PROPERTY TAXES

Parcel Number
MNFV-0139-991-002
Land Assessment
$400,683 CAD
Improvements Assessment
$6,139,249 CAD
Total Assessment
$6,539,932 CAD
(949) 662-2256

  • Listing ID: 33453636

  • Date on Market: 2024-10-08

  • Last Updated:

  • Address: N48W14850 Lisbon Rd, Menomonee Falls, WI 53051

The Retail Property at N48W14850 Lisbon Rd, Menomonee Falls, WI 53051 is currently available For Sale. Contact Matthews Real Estate Investment Services for more information.

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Mission Veterinary Partners | N48W14850 Lisbon Rd
(949) 662-2256 x

Mission Veterinary Partners | N48W14850 Lisbon Rd

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Andrew Evans

(949) 662-2256

(949) 662-2256

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(949) 432-4513

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