2134 W Division St, Chicago, IL 60622

Stable Investment: There are ±11.23 years remaining on the NNN leases with 2% annual increases and one, five-year option to extend the lease.

Scheduled Rental Increases | Hedge Against Inflation: The leases feature 2% annual rental escalators, providing a future owner with a boost in cash flow and a hedge against inflation throughout the life of their investment.

Healthcare Real Estate | Recession Resistant Property: Veterinary hospitals are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties.

Comprehensive Services | Multi-Doctor Location: Companion Wicker Park provides high-quality general and urgent care for pets throughout the Chicago MSA. Services include emergency care, surgeries, wellness exams, dental care, boarding, and diagnostics. Mission Pet Health unites locally driven veterinary hospitals through a collaborative network of 20,000 professionals, empowering veterinarians to deliver exceptional care.

Bustling Urban Corridor: The property is located in Chicago’s highly sought-after Wicker Park neighborhood, surrounded by a dense mix of residential communities, schools, parks, and healthcare facilities. The site benefits from exceptional retail synergy with nearby national and regional tenants, including Target, Jewel-Osco, The Home Depot, Mariano’s, and Walgreens, as well as an abundance of local restaurants, boutiques, and entertainment venues, all within a short distance of the property.

Tenant Investment in Location: Pet hospitals rarely relocate due to the difficulty of retaining the same patients in a new location and the high costs associated with moving and build-outs.

Very Passive Lease Structure: There are minimal landlord responsibilities throughout the lease term, offering a passive investment for both local and national investors.

Robust Growth Industry: The global veterinary services market size is expected to reach $142 Billion by 2025, with a CAGR of 5.6% during that period.

Prime Location: The ±2,670 SF practice is ideally located along Division St, offering excellent visibility and easy access to major transportation routes, including I-90. This asset caters to more than 500,000 residents with an average income of over $135K within a 3-mile radius of the site.