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Petco 2918 Church St

10,900 SF Retail Building Conway, SC 29526 $5,106,000 ($468/SF) 6% Cap Rate

Retail Buildings South Carolina Conway 2918 Church St, Conway, SC 29526

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.

Attachments

Petco - Conway, SC - O.M1

Property Facts

Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,900 SF
Building Class
C
Year Built
2024
Price
$5,106,000
Price Per SF
$468
Cap Rate
6%
NOI
$306,388
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Land Acres
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 is a category-defining health and wellness company focused on improving the lives of pets, pet parents and their own Petco partners. Since their founding in 1965, they've been trailblazing new standards in pet care, delivering comprehensive wellness solutions through their products and services, and creating communities that deepen the pet-pet parent bond.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer 10,900 SF $28.11 Triple Net Mar 2039

Links

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2918 Church St, Conway, SC - aerial map view

PROPERTY TAXES

Parcel Number 33703010010 Improvements Assessment $44,850
Land Assessment $22,425 Total Assessment $67,275

PROPERTY TAXES

Parcel Number
33703010010
Land Assessment
$22,425
Improvements Assessment
$44,850
Total Assessment
$67,275
(512) 630-9758

  • Listing ID: 33013374

  • Date on Market: 8/30/2024

  • Last Updated:

  • Address: 2918 Church St, Conway, SC 29526

More public record information on 2918 Church St, Conway, SC 29526

The Retail Property at 2918 Church St, Conway, SC 29526 is currently available For Sale. Contact Embree Capital Markets Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Petco | 2918 Church St
(512) 630-9758 x

Petco | 2918 Church St

Klinton Lewis

(512) 630-9758

(512) 630-9758

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