FW: Just Listed | Destination Pet | Long-Term Animal Boarding Facility

 

 

From: Andrew Evans <andrew.evans@matthews.com>
Sent: Monday, January 22, 2024 7:33 AM
To: mcre13@gmail.com
Subject: Just Listed | Destination Pet | Long-Term Animal Boarding Facility

 

Henry, We just listed a pet resort and spa operated by Destination Pet, in Norwich, CT that I wanted to make sure you had the opportunity to review. The lease has just over 9 years remaining with 3% annual increases and four (4), five (5) year options to extend. Destination Pet is a leading provider of pet resort services with more than 1,200+ employees and 120+ locations. This is an ideal investment for a local or national investor looking to acquire a stable, low management, and long-term investment in the southeastern Connecticut area. Please see a breakdown of the opportunity below:   Address: 763 Scotland Rd. Norwich, CT 06360 Price: $2,096,552 Cap Rate: 7.25% NOI: $152,000 Lease Term Remaining: ±9 Years    Click here to view the Offering Memorandum. Please reach out directly to let me know if you have any interest.       Andrew Evans Vice President & Associate Director | Matthews Real Estate Investment Services™ Direct +1 949 662 2256 | Mobile +1 925 360 0277 Main +1 866 889 0550 | Fax +1 310 388 0788 andrew.evans@matthews.com License No.02055475 (CA)   Matthews Real Estate Investment Services™ | 16501 Ventura Blvd., Suite 510, Encino California 91436   CONFIDENTIALITY NOTICE and DISCLAIMER: This email message is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any unauthorized review, use, disclosure or distribution is prohibited. If you are not the intended recipient, please contact the sender by reply email and destroy all copies of the original message. If you are the intended recipient but do not wish to receive communications through this medium, please so advise the sender immediately. Nothing in this communication should be interpreted as a digital or electronic signature that can be used to authenticate a contract or other legal document. The recipients are advised that the sender and Matthews Real Estate Investment Services are not qualified to provide, and have not been contracted to provide, legal, financial, or tax advice, and that any such advice regarding any investment by the recipients must be obtained from the recipients' attorney, accountant, or tax professional. Modify email preferences Unsubscribe