Minnetonka Pet Hotel For
6133 Baker Rd, Minnetonka, MN
Premier pet care facility in Minnetonka, MN with strong demographics.
Type:RETAIL
Property size:
16,800 SFLot size:
1.26 AcresPrice / SF:
$135/SF- Added:
- Jul 30, 2025
- Days on Market:
- 292
- Last Refresh:
- Apr 5 at 8:13 pm
Property Features for 6133 Baker Rd
General Information
- Standard status
- Active
- Size
- 16,800 SF
- Lot size
- 1.26 Acres
- Property subtype
- RETAIL
Listing agent Keith A Sturm License #MN 81883 (612) 376-4488
Listing office Upland Real Estate Group, Inc (612) 376-4488
Listing date Jul 30, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Upland Real Estate Group, Inc
HighLights
- High‑traffic location in Minnetonka, MN, accessible via I‑494 and Highway 62.
- Strong demographics with high average household income and daytime population.
- Priced below replacement value.
- Established business with 6 years remaining on the lease and 2% annual increases.
- Premier pet care facility with indoor/outdoor play areas, grooming, and upscale boarding.
- Located near major companies like United Healthcare and Lifetime Fitness.
Overview
The property is a pet hotel located in Minnetonka, Minnesota, approximately 12 miles west of Minneapolis. The location is conveniently situated off I-494, with 97,864 vehicles per day, and Highway 62, with 28,361 vehicles per day. The surrounding area has strong demographics, including an average household income exceeding $151,000 within a 1-mile radius and a daytime population of 98,000 within a 3-mile radius. Nearby tenants include United Healthcare, Optum, Carlson Companies, Michael Foods, Children’s ENT, and Lifetime Fitness. The property is currently leased to Adogo Pet Hotel, which has 6 years remaining on the lease with 2% annual increases. Adogo Pet Hotel offers 5 indoor and 2 outdoor play areas, including water fountains, professional grooming services, and custom-designed, upscale boarding rooms. The building has a total size of 16,800 square feet. Minnetonka is ranked the #10 Best Suburb To Live in Minnesota, according to Niche.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$2.07M
NOI $185,962 @ 9.00% cap · cautious / downside scenario
Moderate
$2.66M
NOI $185,962 @ 7.00% cap · market / base-case scenario
Aggressive
$3.72M
NOI $185,962 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $286.3k | $17.04 |
| − Vacancy | −$20.6k | −$1.23 |
| EGI | $265.7k | $15.81 |
| − OpEx | −$79.7k | −$4.74 |
| NOI | $186.0k | $11.07 |
16,800 SF · lease $17.04/SF/yr · vacancy 7.20% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$2.66M
$2.32M – $3.10M
NOI $185,962 @ 7.0% cap · market cap 8.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.01M
$3.51M – $4.68M
NOI $280,569 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Minnetonka
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.4466
- Latitude
- 44.8921
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Premier pet care facility in Minnetonka, MN with strong demographics.
Where is this storefront property located?
The property is located at 6133 Baker Rd Minnetonka, MN.
What is the asking price?
The asking price for this property is $2,272,800.
What are key features of this property?
This property features: High‑traffic location in Minnetonka, MN, accessible via I‑494 and Highway 62.; Strong demographics with high average household income and daytime population.; Priced below replacement value.
