6300 Washington Ave | Racine, WI 53406
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- LoopNet Team
6300 Washington Ave
Racine, WI 53406
Blue River PetCare - Racine, WI · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- This is a Double Net (NN) Lease With Landlord Responsibilities Limited to Roof and Structure
- 6+ Years Remaining on the Initial Lease Term, Providing For a Long- Term Investment
- Located in the Main Retail Corridor For Racine, the Site Benefits From Great Visibility, Below Market Rents ($10.35/SF) and an Oversized 1.4 Acre Lot
- Blue River PetCare is a Leading Operator of Veterinary Hospitals, Managing Over 200 Hospitals Across the Country Provides a Corporate Guarantee
- The Lease Features 2% Annual Rental Increases Throughout the Term, Steadily Growing the NOI and Hedging Against Inflation
- The Veterinary Services Market Has Had Significant Revenue Growth of 11.40% Since 2019 and is Expected to Reach $56.6 Billion By 2029
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
6,150 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.48 AC
Zoning
B-2
Parking
88 Spaces (14.31 Spaces per 1,000 SF Leased)
Frontage
166’ on Washington Ave
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 151-032214036000 | Improvements Assessment | $683,900 |
| Land Assessment | $258,700 | Total Assessment | $942,600 |
PROPERTY TAXES
Parcel Number
151-032214036000
Land Assessment
$258,700
Improvements Assessment
$683,900
Total Assessment
$942,600
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