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29242519
29242520

3381 Fairlane Farms Rd, Wellington, FL 33414

AM
FL SL3507121
Matthews
CA
FL SL3608675
Matthews
Listed by Matthews
$3,061,280
167 days on market
Updated 37 days ago

K9 Resorts

Details
Property Type Retail
Sub Type Pet Hotel
Square Footage 7,727
Cap Rate 6.25%
Tenancy Single
Brand/Tenant K9 Resorts
Lease Type NNN
Lease Term 10
Lease Expiration 09/30/2035
Remaining Term 9.3
Rent Bumps Yes
Lease Options Four, 5-Year Options
Price per SqFt $396
Year Built 2001
Buildings 1
Stories 1
Acreage 1.000
Lease Commencement 04/14/2022
Ownership Fee Simple

K9 Resorts | Wellington, FL | Cap Rate 6.25% | Tot. SF 7,727 | $ per SF $396

Investment highlights

  • Long-Term NNN Lease with Recent Extension: New 10-year lease extension with K9 Resorts provides investors with stable, predictable cash flow and minimal landlord responsibilities.

  • Demonstrated Long-Term Commitment to the Location: The tenant originally occupied the space in April 2022 and has since renewed and extended its lease for an additional 10 years, reinforcing the operational success of the location and the tenant’s confidence in the surrounding market.

  • Expanding National Operator: Luxury Pet Hotel Investments, LLC is the largest franchisee for K9 Resorts and has raised $39M to open a total of 43 locations across the U.S.: eight in Chicago, 11 in Los Angeles, 11 across Virginia/DC and 13 in Southeast Florida.

  • Prime Wellington Submarket: Located in one of Palm Beach County’s most affluent and highly desirable areas with strong household income levels and steady consumer demand.

  • Growth & Development Tailwinds: The property benefits from substantial ongoing investment throughout Wellington, including major mixed-use, residential, and retail developments that are increasing
    population density, disposable income, and daily traffic throughout the submarket.

  • Strong Real Estate Fundamentals: Well maintained building on more than one acre of land in a supply constrained, high income suburban market offering long term stability and appreciation potential.

  • Affluent, Pet-Oriented Demographics: Wellington’s high household incomes, strong owner-occupancy rates, and lifestyle-driven population align directly with K9 Resorts’ luxury pet care customer base.

Listing Contacts

AM
FL SL3507121
Matthews
CA
FL SL3608675
Matthews
Listed by Matthews

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Zoning

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Last updated May 12, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Kyle Matthews
License
BK3554632, CQ1066435 (FL)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
Name
Alexander Machado
License
SL3507121
Name
Connor Anthony
License
SL3608675
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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