Lovet Pet Health Care 4290 Lake Michigan Dr NW 4,232 SF Retail Building Walker, MI 49534 $4,293,516 CAD ($1,014.54 CAD/SF) 6.15% Cap Rate

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee simple interest in a Lovet Pet Health Care investment property located at 4290 Lake Michigan Drive in Grand Rapids, Michigan (the “Property”). The Property was constructed in 2022, and Lovet Pet Health Care has 6+ years remaining on their lease with three (3), 5-year renewal options. The lease includes attractive rental increases every five years throughout the initial term and at the start of each renewal option period.
Lovet Pet Health Care occupies a prominent location along Lake Michigan Drive, a major commercial and commuter corridor serving the west side of Grand Rapids. The Property benefits from strong frontage, excellent visibility, and positioning within an established commercial node anchored by a mix of national and local retailers, restaurants, and service-oriented businesses that generate steady daily traffic.
The surrounding area is supported by densely populated residential neighborhoods, area schools, and nearby employment centers, providing a reliable and consistent customer base. In addition, the Property offers exceptional regional accessibility via Interstate 196, Interstate 96, and US Route 131, allowing for efficient connectivity throughout the Grand Rapids metropolitan area and the broader western Michigan region.