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230 Stonegate Rd
Algonquin, IL 60102 East Suburban McHenry

$2,523,613 USD

Veterinarian Kennel For Sale  •  4,452 SF

Property Details

  • Property Type Veterinarian Kennel
  • Total Building Size 7,200 SF
  • Lot Size 1.08 AC
  • Building Class C
  • Year Built 1998
  • Cap Rate 7.00 %
  • Tenancy Single
20 Transit Score
50 Walk Score

Highlights

Stable Investment – There are just under 10 years remaining on the NNN lease featuring built-in annual rent bumps of 2% annually
Prime Location – 230 Stonegate Drive is strategically located in Algonquin, Illinois within the Chicago MSA, offering strong visibility
Scheduled Rental Increases | Built-In Inflation Protection – The lease includes annual rent escalations of 2%, ensuring steady growth in cash flow
Healthcare Real Estate | Recession Resistant Property – Veterinary hospitals are extremely sought-after investments
National Platform Operator – Mission Pet Health is one of the largest and most established veterinary platforms in the industry
Tenant Investment in Location – Pet hospitals rarely relocate due to the difficulty of retaining the same patients in a new location
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Animal Care Clinic

Amenities

  • Pylon Sign

Public Transportation

Commuter RailDriveWalkDistance
Crystal Lake Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 12 min - 6.1 mi
Pingree Road Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 13 min - 6.4 mi
AirportDriveWalkDistance
Chicago O'Hare International 45 min - 34.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Andrew Evans 949-662-2256 Matthews Real Estate Investment Services
Andrew Evans 949-662-2256 Matthews Real Estate Investment Services