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| Price $4,750,000 | Built/Renov 2023 | Tenant Petco |
| Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
10,900
| Lease Start
08-23-2023
| #Units
1,423
|
| Price/SF $435.78 | Expiration
08-23-2038
| Tenant Type General Retail |
| NOI $284,887 | R. Term 13.9 | Ownership Fee Simple |
| Rent/SF
$26.14
| Increases 8.5%/5/yrs | Pop 5Mi 20,997 |
| Lot/AC 1.67 | Options 5/5yrs/8.5% | AHHI 5Mi $52,249 |
| | |
Petco is strategically located on W Cumberland Street, facing US Highway 421, with access to 23,945 vehicles passing by daily. Adjacent to the property is an ABC liquor store. National tenants in the vicinity include Pizza Hut, Burger King, Tractor Supply Co, Planet Fitness, Walmart, and more. The 5-mile trade area is supported by a population of 20,997 with an average household income of...
...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 : | 2,102 | 15,765 | 21,138 |
| 2023 Total Population : | 2,082 | 15,596 | 20,835 |
| 2023 Employed Civilian Pop : | 850 | 6,311 | 8,569 |
| 2023 Total Businesses : | 230 | 955 | 1,128 |
| 2023 Average Household Income : | $ 66,733 | $ 63,416 | $ 66,126 |
| 2023 Total Consumer Spending : | $ 53 M | $ 369 M | $ 506 M |
| 2023 Median Age : | 46 | 44 | 44 |
| 2023 Total Households : | 913 | 6,614 | 8,698 |
| 2023 Pop Age 25+: Bachelor's Degree : | 164 | 1,389 | 1,869 |
| 2023 Average Home Value : | $ 201,512 | $ 203,692 | $ 211,051 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| E Jackson Blvd | W Cumberland St | 2004 | 24,000 | 0.25 mi |
| East Jackson Boulevard | W Cumberland St | 2019 | 14,000 | 0.32 mi |
| North Powell Avenue | Ashe Ave | 2021 | 5,200 | 0.56 mi |
| Erwin Rd | Old Hwy 421 | 2004 | 6,400 | 0.57 mi |
| Ashe Ave | Bryant Rd | 2004 | 4,500 | 0.63 mi |
| Averasboro Road | Susan Tart Rd | 2021 | 3,800 | 0.63 mi |
| Susan Tart Rd | Averasboro Rd | 2004 | 1,300 | 0.71 mi |
| Lucas Road | County Ave | 2021 | 400 | 0.84 mi |
| Ashe Avenue | Wilson Lucas Rd | 2021 | 3,100 | 0.84 mi |
| Erwin Rd | Sue Ave | 2004 | 11,000 | 0.94 mi |
Weslaco, TX
Cap Rate 5.51%
Lease Abs NNN
R. Term 7.10 yrs
Size/SF 19,025
Seguin, TX
Cap Rate 6.82%
Lease Double NN
R. Term 10.10 yrs
Size/SF 53,704
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
