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| Price $4,456,000 | Built/Renov 2023 | Tenant Petco |
| Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
10,900
| Lease Start
06-23-2023
| #Units
1,423
|
| Price/SF $408.81 | Expiration
06-30-2038
| Tenant Type General Retail |
| NOI $267,351 | R. Term 13.7 | Ownership Fee Simple |
| Rent/SF
$24.53
| Increases 8.5%/4/yrs | Pop 5Mi 33,893 |
| Lot/AC 2.09 | Options 5/5yrs/8.5% | AHHI 5Mi $50,378 |
| | |
Petco is strategically located at the signalized, hard corner intersection of Medway Drive and North Road, with a combined daily traffic count of 28,000 vehicles. The property is surrounded by prominent national tenants, including Walmart Supercenter, Tractor Supply Co, Lowe's, Circle K, Aldi, and more. Additionally, it is situated in the vicinity of Prince of Orange Mall, which hosts 29...
...New construction
Dense retail corridor
Near major nationals
Strategically located
Top 100 MSA
Long 15+ yr lease
Absolute NNN
Traded and rated company
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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 1,714 | 15,781 | 32,397 |
| 2023 Total Population : | 1,768 | 16,177 | 33,172 |
| 2023 Employed Civilian Pop : | 774 | 6,347 | 11,630 |
| 2023 Total Businesses : | 86 | 667 | 1,552 |
| 2023 Average Household Income : | $ 82,713 | $ 67,113 | $ 55,866 |
| 2023 Total Consumer Spending : | $ 55 M | $ 411 M | $ 631 M |
| 2023 Median Age : | 43 | 41 | 35 |
| 2023 Total Households : | 789 | 7,048 | 12,865 |
| 2023 Pop Age 25+: Bachelor's Degree : | 198 | 1,899 | 2,958 |
| 2023 Average Home Value : | $ 216,514 | $ 168,254 | $ 149,186 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Willington Drive Northeast | Willing Lakes Ct | 2022 | 2,300 | 0.48 mi |
| Hodges Road | Robin Ln NW | 2022 | 1,700 | 0.52 mi |
| Chestnut Street Northeast | State Rd S-38-1637 | 2022 | 27,600 | 0.78 mi |
| Kennerly Road Northeast | North Rd | 2022 | 5,000 | 1.22 mi |
| Riverbank Drive | Hoffman Dr NW | 2021 | 3,300 | 1.23 mi |
| Old Riley Street | Lakeside Dr | 2022 | 150 | 1.34 mi |
| Broughton Street | Mason Dr NW | 2022 | 8,900 | 1.34 mi |
| Woodland Street Northeast | Old Riley St | 2022 | 75 | 1.35 mi |
| Chestnut St | Clearview St | 2010 | 23,000 | 1.47 mi |
| Riverbank Drive | Waterford Pkwy | 2022 | 2,300 | 1.55 mi |
Rockville, MD
Cap Rate 5.50%
Lease Double NN
R. Term 10.30 yrs
Size/SF 4,795
Seguin, TX
Cap Rate 6.82%
Lease Double NN
R. Term 10.10 yrs
Size/SF 53,704
Weslaco, TX
Cap Rate 5.51%
Lease Abs NNN
R. Term 7.10 yrs
Size/SF 19,025
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
