705 Main St Lodi, WI 53555-1259

This exceptional investment opportunity presents a fee-simple interest in a two-building, 30,500 square-foot veterinary clinic portfolio located in Lodi and Portage, Wisconsin, within the greater Madison MSA. The portfolio consists of two buildings, constructed in 1987 and 1990, and renovated in 2018, situated on a combined 2.08 acres. Currently 100% occupied by Lodi Veterinary Care, a tenant backed by AmeriVet, a leading national veterinary operator with over 200 clinics. The properties are under an absolute NNN lease with a corporate guarantee, offering significant investor protection. The lease commenced July 1, 2023, and has a remaining term of approximately 13.6 years, extending to June 30, 2038, with annual rent bumps of 3-5%. The lease includes one 5-year renewal option. The current asking price is $6,028,690, representing a price per square foot of $197.66 and a 7.25% cap rate, with a current NOI of $437,136. This portfolio offers a passive investment opportunity with strong, long-term cash flow growth, backed by a premier tenant in a rapidly growing metropolitan area. The properties are ideally suited for a 1031 exchange. After the initial five years, all property responsibilities transfer to the tenant.