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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

21000 Olympian Way Olympia Fields, IL 60461

11,888 SF 1.96 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, 11,888-square-foot, single-story animal hospital and surgery center built in 2024. Located in Olympia Fields, Illinois, at 21000 Olympian Way, this property boasts a prime location near major roadways including Interstate 30, Olympian Way, and Interstate 57, ensuring high visibility and accessibility. Its proximity to the 211th Street Metra Station further enhances its strategic positioning. The 1.96-acre lot provides ample space, complemented by 64 parking spaces. The property benefits from strong demographics, situated within a five-mile radius of over 160,000 residents with an average household income exceeding $96,000 annually. A 15-year net lease with VCA Animal Hospitals, Inc., a subsidiary of Mars, Incorporated, commenced December 28, 2022, and expires August 31, 2039, with three five-year renewal options. The annual rent is $400,835, with a 2% annual increase. This fee-simple ownership offers a 6.00% cap rate and a stable, passive income stream in a growing industry within a top metropolitan statistical area. The property is zoned B-3 and features a built-to-suit design tailored to the tenant's specific operational needs. This represents a secure, long-term investment with a highly creditworthy tenant and significant upside potential. The property is 100% occupied.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 11,888 SF
Lot 1.96 ac (85,378 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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