Marcus and Millchap: Arranges the sale of a 4,700-square oot net-leased property

JANESVILLE, WIOctober 13, 2023 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of VCA Animal Hospitals, a 4,700-square foot net-leased property located in Janesville, WI, according to Todd E. Lindblom, regional manager of the firm’s Milwaukee office. The asset sold for $2,175,000.

Jeff R. Rowlett of The Rowlett Group and Matthew Gordon, investment specialists in Marcus & Millichap’s Milwaukee office, had the exclusive listing to market the property on behalf of the seller, a private investor.   

VCA Animal Hospitals is located at 3710 E Racine St in Janesville, WI.  At the time of closing the tenant had five years remaining on their absolute triple net lease. The Rowlett Group worked closely with a local broker to successfully close the transaction with a local buying group.