Digs Dog Care Property Images & Information
Digs Dog Care Property Description
New Jersey Broker of Record: Brian Brockman, Bang Realty-New Jersey Inc. (513) 898-1551 NJ License No 2078547 Faris Lee Investments is pleased to present the opportunity to acquire the flagship Digs Dog Care property, a 60.5-acre, single-tenant investment in highly affluent Millstone Township, New Jersey. The lease is backed by a corporate guaranty from Better Than Home, Inc., doing business as Digs Dog Care, a Frontenac-backed pet-care platform with approximately 40 locations. The offering includes fee simple ownership of the expansive acreage and a 23,171-square-foot facility, pairing corporate-backed rental income with a substantial long-term land position in highly desirable Monmouth County. Situated near Interstate 195 (51,900 VPD) and Monmouth Road (19,200 VPD), the property benefits from convenient regional access and substantial surrounding investment. Jackson Premium Outlets and Six Flags Great Adventure & Safari establish the area as a regional destination, while the adjacent 67-unit Millstone Commons development, the nearby $500 million, 300-acre Adventure Crossing project, and the one-million-square-foot 7A East Logistics Center reinforce the corridor's residential, entertainment, and employment base. Average household incomes of approximately $240,530 within three miles support demand for premium pet-care services, while the market's affluence and surrounding investment strengthen the property's long-term real estate appeal. The 10-year Modified NNN lease commenced January 1, 2026, and includes two five-year renewal options, providing up to 20 years of potential tenancy. Initial annual base rent of $720,000 increases by 2% annually throughout the initial term and renewal options. Contractual rental growth complements the opportunity to hold 60.5 acres in a desirable Monmouth County location benefiting from continued surrounding investment.
Exclusive Investment Highlights
- 60.5 Acres in Monmouth County — Fee simple ownership of expansive acreage in highly affluent Millstone Township, NJ.
- Corporate-Guaranteed Lease — Digs Dog Care is a Frontenac-backed pet-care platform with approximately 40 locations.
- Flagship Property — 23,171 SF facility with extensive outdoor space and specialized pet-care amenities.
- Annual Rent Growth — $720,000 initial annual base rent with 2% annual increases throughout the lease and renewal options.
- Long-Term Tenancy — 10-year Modified NNN lease commenced January 2026, with two five-year renewal options.
- Exceptional Affluence — Average household income of approximately $240,530 within three miles.
Area Overview
Flagship Digs Dog Care property in affluent Millstone Township, positioned off Burnt Tavern Rd with convenient access to I-195 and Monmouth Road.
(subject to change) $12,000,000 CAP RATE: 6%
Financial Snapshot
| Net Operating Income | $720,000.00 |
|---|---|
| Rentable SF | 23,171 SF |
| Lot Size (Acres) | 60.5 AC |
| Year Built | 2010 |
| APN | See OM |
| Zoning | Commercial |