Adogo Pet Hotel
$2,272,800
6133 Baker Road, Hopkins, MN 55345
For Sale
Retail
Other
Active
Last Updated: 07/09/2025
7
Cap Rate
159,096
NOI
Details:
Cap Rate: 7%
NOI: $159,096
Building Size: 16,800 sqft
Lot Area: 1.26 acres
Occupancy: 100%
Lease Type: Double Net
Year Built: 1985
Tenancy: Single
Highlights:
- Adogo Pet Hotel has 6 years remaining on the Lease with 2% annual increases.
- Conveniently located in Minnetonka, MN off two major highways, I-494 with 97,864 vehicles per day and Highway 62 with 28,361 vehicles per day.
- Priced below replacement value.
- Strong demographics with an average household income over $151,000 within a 1-mile radius and daytime population of 98,000 within a 3-mile radius.
- Adogo Pet Hotel offers 5 indoor and 2 outdoor play areas (including water fountains), a professional grooming service, and custom designed, upscale boarding rooms.
- Minnetonka, MN is located approximately 12 miles west of Minneapolis.
- Nearby tenants include United Healthcare, Optum, Carlson Companies, Michael Foods, Children’s ENT, Lifetime Fitness, and more.
- Adogo Pet Hotel is a premier pet care facility dedicated to providing top-notch services for your beloved companions. With locations in Minnetonka, Maple Grove, and St. Louis Park, Adogo has been a trusted name in the Twin Cities metro area for over a decade.
- According to the American Pets Product Association, $147 Billion was spent on pets on 2023, and increase of approximately 61% from 2018. In 2024, approximately 58 million households in the U.S. owned a dog.
Description:
Adogo Pet Hotel, is located in Minnetonka, MN, a vibrant city situated just west of the Twin Cities metropolitan area. Strong demographics with a 1-mile average household income of $151,573 and 5-mile population of 170,277. Nearby tenants include Life Time Fitness, Caribou Coffee, My Burger, yum! Kitchen and Bakery, Menards, and much more. Adogo is located near several dog outdoor dog parks such as Bryant Lake Dog Park with nine fully fenced acres as well as Indoor Zoomies, and indoor dog park for dogs under 30 pounds.
Minnetonka is ranked the #10 Best Suburb to Live in Minnesota, according to Niche.
Documents:
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Adogo_-_Minnetonka__MN_MP.pdf
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