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Petco 2918 Church St 10,900 SF Retail Building Conway, SC 29526 $7,084,065 CAD ($649.91 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- 2024 Build To Suit
- Absolute NNN Lease
- 25,000+ Vehicles Per Day Traffic Counts
- Corporate Guaranty
- 8.50% Increases Every 5-Years
- 85,000+ Population Within 10-Miles
EXECUTIVE SUMMARY
Embree Capital Markets Group is pleased to present a build-to-suit Petco located in Conway, SC. This is an opportunity for an investor to acquire a well-located Petco retail store with an attractive 15-year absolute NNN lease that features 8.5% rental increases every five years.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
10,900 SF
Building Class
C
Year Built
2024
Price
$7,084,065 CAD
Price Per SF
$649.91 CAD
Cap Rate
6%
NOI
$425,083 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.77 AC
Parking
15 Spaces (1.38 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- 10,900 SF
- $39.07 CAD
- Triple Net
- Mar 2039
Petco est une entreprise de santé et de bien-être qui définit les catégories et qui vise à améliorer la vie des animaux de compagnie, des parents d'animaux de compagnie et de leurs propres partenaires Petco. Depuis leur fondation en 1965, ils ont été à l'origine de nouvelles normes en matière de soins aux animaux de compagnie, en offrant des solutions complètes de bien-être par le biais de leurs produits et services, et en créant des communautés qui renforcent le lien parents-animaux de compagnie.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 10,900 SF | $39.07 CAD | Triple Net | Mar 2039 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 33703010010 | Improvements Assessment | $237,324 CAD |
| Land Assessment | $114,800 CAD | Total Assessment | $352,124 CAD |
PROPERTY TAXES
Parcel Number
33703010010
Land Assessment
$114,800 CAD
Improvements Assessment
$237,324 CAD
Total Assessment
$352,124 CAD
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Petco | 2918 Church St
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