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| Price $5,825,000 | Built/Renov 2023 | Tenant Petco |
| Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
15,900
| Lease Start
03-03-2023
| #Units
1,500
|
| Price/SF $366.35 | Expiration
12-20-2037
| Tenant Type General Retail |
| NOI $349,412 | R. Term 12.3 | Ownership Fee Simple |
| Rent/SF
$21.98
| Increases 8.5%/6/yrs | Pop 5Mi 24,738 |
| Lot/AC 1.73 | Options 5/5yrs/8.5% | AHHI 5Mi $54,564 |
| | |
Petco is strategically located along the US-158 Bypass, a major thoroughfare, with access to approximately 8,700 vehicles passing by daily. The property benefits from excellent highway frontage and is surrounded by national retailers including Walmart, Lowe’s, Marshalls, and Walgreens. Nearby schools such as Henderson Middle School and Northern Vance High School, along with new residential...
...New construction
Hard corner intersection
Near major nationals
Highway location
Population increase trend
Brand new lease
Absolute NNN
Corporate Guarantee
Over 1000 units backed
Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) is an American pet retailer that sells pet food, pet supplies, small animals, and fish. Some stores offer services such as...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
