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477 Briargate Dr South Elgin, IL 60177

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For Sale
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Three properties, 100% leased to Mission Pet Health.

Property size:
19,500 SF
Lot size:
3.40 Acres

Property Features for 477 Briargate Dr

General Information

Standard status
Active
Size
19,500 SF
Lot size
3.40 Acres

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Listing Contact
Rahul Chhajed
Source: Crexi

Listing Agency: Matthews Listing Agent: Rahul Chhajed

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Veterinary Portfolio in Chicago Suburbs

This portfolio comprises three veterinary properties totaling approximately 19,500 square feet, situated in the Chicago suburbs. The properties are 100% leased to Mission Pet Health under absolute NNN leases. The leases have approximately 9.7 years remaining, with annual rent increases of 2%. The portfolio is offered at $7,539,300, reflecting a 7.00% capitalization rate and a net operating income of $527,751. The investment offers minimal landlord responsibilities and benefits from a strong tenant credit profile, presenting a stable, passive income opportunity.
Location Intelligence

Current Use by Public Records

ACC of Randall Pointe Veterinary Clinic

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

South Town Animal Hospital, Banfield Pet Hospital, ACC of Randall Pointe, Anderson Humane Veterinary Clinic, Petco Vaccination Clinic

Location Insight

  • Map
  • Local Demand
City
South Elgin
County
Kane
State
Illinois
Longitude
-88.3430131
Latitude
41.979806

FAQs

What type of property is this?
Medical Office Space - Three properties, 100% leased to Mission Pet Health.
Where is this medical office space located?
The property is located at 477 Briargate Dr South Elgin, IL.
What are key features of this property?
This property features: - 100% leased to Mission Pet Health, providing stable income.; - Absolute NNN leases minimize landlord responsibilities.; - Approximately 9.7 years remaining on leases ensures long-term cash flow.
More about this property
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