TWITTER            LINKEDIN Chicago Office: 120 E. Liberty Dr. Wheaton, IL 60187
Austin Office: 500 W 5th St. Austin, TX 78701

20 Years

Lease

$1.25 million

Transaction

100%

Occupancy

Destination Pet (TX)

8827 US-377, Argyle, TX 76226

Property Type: Retail

Acquired in January of 2020, Destination Pet (Texas) is a grooming and boarding services complex for cats and dogs located in Texas. It is part of Destination Pet, LLC, a national pet services provider. This is First Capital Advisors second deal with Destination Pet after previously closing on another similar property in Colorado.

We obtained a 20-year lease with the tenant through closing a sale-leaseback transaction. This long-term lease will ensure stable tenancy at the property through the year 2040.