For Sale

Animal Dermatology Group | Wheaton, IL

Asking Price: $1,600,000 | Cap Rate: 6.05%

  • Net Operating Income: $96,642
  • Weighted Avg. Lease Term (WALT): 10.5 Years
  • Lease Type: Net

Property Highlights

  • Single-tenant medical office building leased to Animal Dermatology Group Inc. under a net-lease with more than 10 years of remaining term, 3% annual rental increases, and (2) 5-year renewal options, providing long-term income stability
  • Animal Dermatology Clinic is one of the nation’s largest veterinary dermatology practices, operating an extensive and rapidly expanding network of specialty clinics in 22 states and is dedicated to animal skin and allergy care
  • Wheaton is one of DuPage County’s most established communities, where limited development sites, strong zoning regulations, and consistently high demand have contributed to long-term real estate value and investment strength
  • The asset is surrounded by numerous medical offices, healthcare providers, and professional businesses, creating a well-established healthcare corridor that generates consistent patient traffic