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24727747
24727746

6133 Baker Rd, Minnetonka, MN 55345

KS
MN 81883
Upland Real Estate Group Inc
AL
MN 20414946
Upland Real Estate Group Inc
DV
MN 20103724
Upland Real Estate Group Inc
Listed by Upland Real Estate Group Inc
$2,272,800
330 days on market
Updated 5 days ago

Adogo Pet Hotel

Details
Property Type Retail
Sub Type Dog Daycare, Pet Hotel
Square Footage 16,800
Cap Rate 7%
NOI $159,096
Occupancy 100%
Tenancy Single
Brand/Tenant Adogo Pet Hotel, HotelPet Solutions Minnetonka, LLC
Lease Type NN
Lease Term 10.3
Lease Expiration 06/30/2031
Remaining Term 5.1
Rent Bumps Yes
Lease Options Two 5-Year
Price per SqFt $135
Year Built 1985
Acreage 1.260
Investment Type Net Lease
Lease Commencement 03/01/2021

Adogo Pet Hotel | 7.00% Cap | Minnetonka, MN

Marketing description

Adogo Pet Hotel, is located in Minnetonka, MN, a vibrant city situated just west of the Twin Cities metropolitan area. Strong demographics with a 1-mile average household income of $151,573 and 5-mile population of 170,277. Nearby tenants include Life Time Fitness, Caribou Coffee, My Burger, yum! Kitchen and Bakery, Menards, and much more. Adogo is located near several dog outdoor dog parks such as Bryant Lake Dog Park with nine fully fenced acres as well as Indoor Zoomies, and indoor dog park for dogs under 30 pounds.

Minnetonka is ranked the #10 Best Suburb to Live in Minnesota, according to Niche.

Investment highlights

• Conveniently located in Minnetonka, MN off two major highways, I-494 with 97,864 vehicles per day and Highway 62 with 28,361 vehicles per day.

• Strong demographics with an average household income over $151,000 within a 1-mile radius and daytime population of 98,000 within a 3-mile radius.

• Adogo Pet Hotel offers 5 indoor and 2 outdoor play areas (including water fountains), a professional grooming service, and custom designed, upscale boarding rooms.

• Minnetonka is ranked the #10 Best Suburb To Live in Minnesota, according to Niche.

• Minnetonka, MN is located approximately 12 miles west of Minneapolis.

• Nearby tenants include United Healthcare, Optum, Carlson Companies, Michael Foods, Children’s ENT, Lifetime Fitness, and more.

• Adogo Pet Hotel is a premier pet care facility dedicated to providing top-notch services for your beloved companions. With locations in Minnetonka, Maple Grove, and St. Louis Park, Adogo has been a trusted name in the Twin Cities metro area for over a decade.

• According to the American Pets Product Association, $147 Billion was spent on pets on 2023, and increase of approximately 61% from 2018. In 2024, approximately 58 million households in the U.S. owned a dog.

Listing Contacts

KS
MN 81883
Upland Real Estate Group Inc
AL
MN 20414946
Upland Real Estate Group Inc
DV
MN 20103724
Upland Real Estate Group Inc
Listed by Upland Real Estate Group Inc

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Loan Amount
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$159,096.00
$13,258.00/mo

Valuation Metrics

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DSCR
7%
Cap Rate
7%
ROI

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