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Investment Highlights

  • Recent Extension with Long-Term Operating History
  • Established National Tenant
  • Excellent Visibility and Access
  • Minimal Landlord Responsibilities
  • Washington Park Plaza Ancho
  • Nearby Development – Hotel & Casino

Executive Summary

CBRE’s Net Lease Property Group – Midwest is pleased to present the opportunity to acquire the fee simple interest in a freestanding Petco located as an anchor within Washington Park Plaza in Homewood, Illinois. The property is leased to Petco Animal Supplies Stores, Inc., operating as Petco, under a long-term NN lease.
In May 2026, Petco demonstrated its continued commitment to this location by exercising its second lease extension early at contractual rent with no concessions, securing its tenancy through May 2033.
Strategically positioned within Washington Park Plaza, Homewood’s premier retail destination, the property benefits from strong and consistent foot traffic generated by leading national retailers including T.J. Maxx, Ross Dress for Less, Old Navy, Five Below, and Best Buy. The center attracts approximately 2.8 million annual visitors, creating a highly synergistic environment that supports Petco’s continued performance as a dominant regional animal health and wellness goods supplier.
Petco Health and Wellness Company, Inc., a health and wellness company, focuses on enhancing the lives of pets, pet parents, and its Petco partners. The company provides veterinary care, grooming, training, tele-health, and Vital Care and pet health insurance services, as well as veterinary services through Petco mobile clinics. It also offers pet consumables, supplies, and services through its petco.com, petcoach.co, petinsurancequotes.com, and pupbox. com websites. The company currently operates more than 1,500 Petco locations in the United States, Mexico, and Puerto Rico that include a network of more than 100 in-store veterinary hospitals. Petco Health and Wellness Company, Inc. was founded in 1965 and is headquartered in San Diego, California. Petco revenue in the U.S. for FYE January 2025 was $6.1B.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
15,099 SF
Building Class
C
Year Built
1977
Price
$4,569,738 CAD
Price Per SF
$302.65 CAD
Cap Rate
7.50%
NOI
$342,730 CAD
Percent Leased
100%
Building Height
1 Story
Zoning
B-4 - Shopping Center District - Planned Unit Development

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Petco
  • Retailer
  • 15,099 SF
  • -
  • Double Net
  • May 2033
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Petco Retailer 15,099 SF - Double Net May 2033
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Starbucks
Harold's Chicken Shack
Chili's Grill & Bar
Five Guys
Bank of America
Huntington National Bank
BMO
Jewel-Osco
Fifth Third Bank
Anytime Fitness

Property Taxes

Property Taxes

Parcel Number
29-32-401-032-0000
Land Assessment
$624,950 CAD
Improvements Assessment
$1,116,343 CAD
Total Assessment
$1,741,294 CAD
  • Listing ID: 40978511

  • Date on Market: 2026-06-18

  • Last Updated:

  • Address: 17930 Halsted St, Homewood, IL 60430

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