1203 N Il Route 83 - Best Friends Animal Hospital | NNN | 10 Years 4,584 SF Specialty Building Offered at $1,443,797 at a 6.50% Cap Rate in Grayslake, IL 60030

TWG is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NNN leased, freestanding, Best Friends Animal Hospital investment property located in Greyslake, Illinois. The Tenant, Mission Pet Health, has over 10 years remaining in their initial term with 1 (one) 5-year option to extend. The lease features annual rental increases of 2%. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Mission Pet Health was created through the merger of Mission Veterinary Partners (MVP) and Southern Veterinary Partners (SVP), uniting two respected organizations under a shared belief: veterinarians and their teams deserve medical autonomy paired with best-in-class support. Today, Mission Pet Health operates 840 locations across 41 states, supported by a team of over 20,000 dedicated teammates. Together, they deliver on the mission of empowering veterinary professionals with the resources, partnership, and freedom needed to provide the highest quality of care for pets and their families.
Best Friends Animal Hospital is strategically located on N Illinois 83. The site benefits from superior visibility via significant street frontage and a large monument sign situated along Barron Blvd. It shares this busy Greyslake area with businesses like Starbucks, Dunkin’, McDonald’s, Subway and Pizza Hut. The location benefits from the frequent street traffic of Barron Blvd, which sees 17,516 vehicles daily. The 5-mile trade area is supported by a population of 142,741 and 34,480 daytime employees with an average household income of $144,289.