Dogtopia - San Antonio, TX

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire the fee simple interest in a Dogtopia pet care facility located at 3814 Broadway, San Antonio, TX 78209 (the "Property" or "Asset"). Dogtopia (the "Tenant") executed a 10-year lease in February 2021 with ±6.6 years remaining, 2.50% annual rental escalations,and minimal landlord responsibilities.

Comprising 7,128 rentable square feet, the Property serves as a strategic location for Dogtopia’s mission to deliver comprehensive pet care services in the central San Antonio market. Founded in 2002, Dogtopia is a premier provider of canine services within a leading national franchise system. Dogtopia’s significant growth and operational success are validated by numerous industry awards, including being named the #1 pet franchise by Entrepreneur Magazine for six consecutive years. The company operates nearly 300 locations across North America and has a strategic growth plan to reach 400 units by 2027.

The Asset is positioned along Broadway with visibility to over 29,000 vehicles per day in a dense retail corridor featuring national retailers including Chipotle, CVS Pharmacy, IHOP, Texaco, Whataburger, Potbelly, Starbucks, etc. The trade area is highly affluent, with an average household income of nearly $140,000 within a 1-mile radius and a population exceeding 295,000 within five miles.

This offering presents investors with a compelling opportunity to acquire a pet care asset in one of Texas’ largest and fastest-growing metropolitan areas. The Property delivers secure cash flow through the remainder of the term with attractive 2.50% annual rent escalations, minimal landlord obligations, and two, 5-year renewal options.