Best Friends Pet Care is the tenant and has a long-term lease, a selling point highlighted in a listing on real estate website LoopNet.
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The site of a Sudbury dog day care and boarding facility sold for $3.65 million after being marketed as an investment opportunity.
The property at 150 Boston Post Road sold on Wednesday, according to the Middlesex South Registry of Deeds.
The site was sold by an entity linked to Realty Income, a California-based real estate investment firm. The company owns more than 15,500 properties across the country, marketing itself as a reliable source for monthly dividends for investors.
The Sudbury parcel was purchased by a Pittsfield entity managed by Suman Reddivari. The entity shares an address with the Pittsfield location of Northwest Registered Agent, a Wyoming-based firm allowing for the creation of limited liability companies without making the manager’s address or other identifiable information public.
Best Friends Pet Care is the tenant and has a long-term lease, a selling point highlighted in a listing on real estate website LoopNet. The business has more than nine years left on its lease for the build-to-suit building, with two five-year renewal options. Best Friends has a triple-net lease, where the tenant is responsible for property taxes and utilities. The listing presents the lease as a stable and relatively passive investment.
The building underwent extensive upgrades in 2020, including an expansion of indoor play yard space and technology upgrades allowing customers to monitor their pets and distribute treats using a mobile app, according to a Best Friends announcement.
Best Friends Pet Care is a Connecticut-based business with more than 70 locations across the country, with another Central Massachusetts location in Ashland. The company is majority-owned by its workers through an employee stock ownership plan.
Robert Horvath and Todd Tremblay of Lynnfield-based real estate firm Horvath & Tremblay served as the listing brokers for the transaction.
The 1.6-acre site received a 2026 assessment of $1.65 million, according to Town of Sudbury property records.
Eric Casey is the managing editor at Worcester Business Journal, who primarily covers the real estate and banking & finance industries.
