Dogtopia & Golf VX

676 East Rand Road | Arlington Heights, IL 60004

The subject property is occupied by Dogtopia and Golf VX, with a weighted average lease term of 8.5 years and a growing rental cash flow.The rental stream features organic rent growth with the Dogtopia lease containing 2% annual escalations and the Golf VX lease containing a 10% increase every 5 years. Golf VX is a has selected this Arlington Heights location as the company’s North American flagship store. Dogtopia has operated at the center since 2020 and has lease term through November of 2030. The net leases provides for zero landlord maintenance and repair obligations, suitable for a passive investor as the shopping center owner maintains all of the common areas.