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VetCor - Verona, WI 203 W Verona Ave 4,400 SF 100% Leased Retail Building Verona, WI 53593 $796,822 ($181.10/SF) 9% Cap Rate
Investment Highlights
- The lease is corporately guaranteed by VetCor, a leading veterinary services organization operating 900+ veterinary hospitals across the United States
- The property is located in Verona, Wisconsin, one of the fastest-growing suburbs in the Madison MSA, with population growth of over 130% since 2000.
- The property is surrounded by well-established residential neighborhoods with 35,619 households within a 5-mile radius.
- The property is located just 2 miles from Epic Systems, a leader in electronic medical records software, generating approximately $5 billion.
- The surrounding area features strong demographics with an average household income of $131,611 within a 1-mile radius.
- Verona is located approximately 10 miles southwest of Downtown Madison and benefits from convenient access to US Highways 18 and 151.
Executive Summary
We are pleased to exclusively offer for sale the 4,400 SF VetCor located at 203 W Verona Avenue in Verona, WI. The property features a corporately guaranteed lease by VetCor, a leading veterinary services organization operating 900+ hospitals across the United States. The asset is strategically located just 2 miles from Epic Systems, a major employer in the region generating approximately $5 billion in annual revenue and employing over 13,000 people, supporting strong economic growth in the Verona area and providing a stable investment opportunity.
In Cooperation With ParaSell, Inc. , A Licensed Wisconsin Broker - Lic. #938545-91 BoR: Scott Reid - Lic. WI #58772-90
In Cooperation With ParaSell, Inc. , A Licensed Wisconsin Broker - Lic. #938545-91 BoR: Scott Reid - Lic. WI #58772-90
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
4,400 SF
Building Class
C
Year Built
1985
Price
$796,822
Price Per SF
$181.10
Cap Rate
9%
NOI
$71,714
Percent Leased
100%
Building Height
1 Story
Building FAR
0.29
Lot Size
0.35 AC
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 6
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VetCor - Verona, WI | 203 W Verona Ave
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