PetSuites Sterling Heights
Retail | 6.00% CAP | 10,792 SqFt
Marketing description
This great opportunity offers investors a long-term (20 years) lease with five (5), five (5) year options to renew and fixed ten percent (10%) base rent increases every five years during the primary lease term and options.
This 10,792 square foot luxury pet resort is a new build that was completed in spring of 2025. PetSuites has positioned themselves to be among high-income and high-density households in a thriving community with very little direct competition within a fifteen minute drive.
Today, the area is known for offering a modern living and working place in a rural atmosphere. Sterling Heights has become the hub of Detroit, offering proximity to the bustling city, while maintaining the serenity of its many acres of peaceful parkland.
Investment highlights
This great opportunity offers investors a long-term (20 years) lease with five (5), five (5) year options to renew and fixed ten percent (10%) base rent increases every five years during the primary lease term and options.
This 10,792 square foot luxury pet resort is a new build that was completed in spring of 2025. PetSuites has positioned themselves to be among high-income and high-density households in a thriving community with very little direct competition within a fifteen minute drive.
Today, the area is known for offering a modern living and working place in a rural atmosphere. Sterling Heights has become the hub of Detroit, offering proximity to the bustling city, while maintaining the serenity of its many acres of peaceful parkland.
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