Asking Price S$4,110,000
Sq. Footage 9,086
NOI Net Operating Income S$287,600
Cap Rate 7.00%

Attributes

Year Built 1891
Lot Size 0.1 ACRES

Property Description

Single-tenant Pooch Hotel, a luxury pet hotel, for sale in Lincoln Park. Set along Clybourn Avenue, this was Pooch Hotel's first location in the U.S. and has been there for 14 years. 

Positioned in a high traffic retail corridor in Chicago’s Lincoln Park neighborhood, with close proximity to Bucktown. Many well-known retailers also occupy space along Clybourn, including Mariano’s, Home Depot, Best Buy, Costco, and Menards. This area continues and will continue to grow, especially with Sterling Bay’s Lincoln Yards development beginning construction.

Investment Highlights

  • Property features an NN lease with 10 years remaining
  • Minimal landlord responsibilities
  • Pooch Hotel recently extended their lease, reinforcing their long-term commitment to the space 
Eric Suffoletto
Eric Suffoletto
EVP, Capital Markets
Licensed in
IL - 475.14702
Alex Sharrin
Alex Sharrin
SVP, Capital Markets
Licensed in
IL - 475.170243

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