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2250 Pennsylvania Ave
Madison, WI 53704 East Madison

$1,350,000 USD

Veterinarian Kennel For Sale • 10,475 SF

Property Details

Property Type Veterinarian Kennel
Total Building Size 10,475 SF
Lot Size 0.8 AC
Building Class C
Year Built 1970
Tenancy Single
Zoning M-1

30 Transit Score

40 Walk Score

                
                    Highlights
                
                                ~$111K net rent with 3% annual escalators; leased through 2031 + two 5-year options to 2041
                            
                                ~8.2% yield on in-place rent; July 2027 escalation lifts rent to $114,463 (~8.5%)
                            
                                ~$450K invested 2025-26: new roof, full HVAC, envelope; parking lot resealed/striped June 2026
                            
                                Corporate guaranty from Wags N Whiskers, multi-state operator of ~13 pet-care facilities
                            
                                UW purchased the adjacent 2.7 ac parcel and the nearby 2180 warehouse; prices indicate ~$1.3M/acre
                            
                                0.80-acre infill site on the Near East Isthmus; land value supports ~$1.0M of the price

Property Flyers

2250 Offering July 2026

Amenities

Signage

Public Transportation

Airport	Drive	Walk	Distance
Dane County Regional/Truax Field	6 min	-	3.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	60
Type:	Surface
Included in Rent:	Yes

William Butcher 608-345-1296 Conrad Development LLC

2250 Pennsylvania Ave Madison, WI 53704 East Madison