This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Petco 141 Beaver Trl S

10,900 SF Retail Building Glasgow, KY 42141 $4,158,000 ($381/SF) 6.25% Cap Rate

Investment Highlights

  • New 2022 Build-To-Suit
  • New 15-Year Lease
  • 8.50% Increases Every 5-Years
  • New Petco STNL Prototype
  • Absolute NNN Lease
  • Five, 5-Year Options

Executive Summary

Embree Capital Markets Group is pleased to present a build-to-suit Petco locate in Glasgow, KY. 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.

Financial Summary (Actual - 2022)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $259,888 $23.84

Financial Summary (Actual - 2022)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $259,888
Annual Per SF $23.84

Property Facts

Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,900 SF
Year Built
2022
Price
$4,158,000
Price Per SF
$381
Cap Rate
6.25%
NOI
$259,888
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Land Acres
13.01 AC
Zoning
COMMERCIAL
Frontage
649 FT on Beaver Trail South

Amenities

  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Petco
  • Retailer
  • 10,900 SF
  • -
  • Triple Net
  • Dec 2037
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Petco Retailer 10,900 SF - Triple Net Dec 2037

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
79-11E
Land Assessment
$400,000 (2023)
Improvements Assessment
$550,500 (2023)
Total Assessment
$950,500 (2023)
  • Listing ID: 26783584

  • Date on Market: 10/5/2022

  • Last Updated:

  • Address: 141 Beaver Trl S, Glasgow, KY 42141

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}