5821 Industrial Ln SE | Prior Lake, MN 55372
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5821 Industrial Ln SE
Prior Lake, MN 55372
Destination Pet · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Destination Pet is doing business as Paws and Pals and is on a NNN lease with 14+ years remaining and 2.5% annual rent increases.
- Strong Tenant: The tenant on the lease, Destination Pet, has an expansive network with 190+ locations across 35 states.
- This property is located in Prior Lake, MN, a suburb located approximately 25 miles southwest of Minneapolis.
- Located in a high-income trade area with an average household income of $168,515 within a 1-mile radius and 5-mile population of 72,266.
- Paws and Pals is a full-service, all suites pet resort serving the south Twin Cities metro, offering services including dog daycare, grooming, etc.
- Prior Lake is home to Mystic Lake Casino & Hotel, Lakefront Park, and more.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
7,910 SF
Building Class
C
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.00 AC
Parking
20 Spaces (4.21 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 25-427-003-0 | Improvements Assessment | $1,027,000 |
| Land Assessment | $294,900 | Total Assessment | $1,321,900 |
PROPERTY TAXES
Parcel Number
25-427-003-0
Land Assessment
$294,900
Improvements Assessment
$1,027,000
Total Assessment
$1,321,900
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