Log In/Sign Up
Your email has been sent.
Petco 2918 Church St 10,900 SF Retail Building Conway, SC 29526 $5,106,000 ($468.44/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
$5,106,000
Price Per SF
$468.44
Cap Rate
6%
NOI
$306,388
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
- $28.11
- Triple Net
- Mar 2039
Petco began in 1965 as a mail-order veterinary supply company in California. The first retail store opened in 1976, expanding the business model. Today the company operates numerous locations nationwide selling pet food, supplies, and live animals. Additional services include grooming, training, and veterinary care through in-store clinics and mobile units. Petco also offers digital resources like telehealth and subscription services for preventative pet care.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 10,900 SF | $28.11 | Triple Net | Mar 2039 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 33703010010 | Improvements Assessment | $2,877,130 |
| Land Assessment | $1,391,742 | Total Assessment | $4,268,872 |
Property Taxes
Parcel Number
33703010010
Land Assessment
$1,391,742
Improvements Assessment
$2,877,130
Total Assessment
$4,268,872
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Petco | 2918 Church St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.