Petsmart | 5285 Wadsworth Blvd
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Petsmart 5285 Wadsworth Blvd
26,280 SF 100% Leased Retail Building Arvada, CO 80002 $5,514,416 ($210/SF) 6% Cap Rate
Investment Highlights
- RARE Absolute Net Lease W/ Zero Landlord Responsibilities
- Established Location | Long-Term Operating History Since 1999 w/ Recent 10-Year Extension
- Nearest PetSmart is Over 5 Miles Away
- Corporate Guaranty | PetSmart, LLC Operates 1,660+ Locations W/ 750+ In-Store Vet Clinics
- Positioned Along Areas Main Retail and Traffic Corridor
- High Volume Traffic Counts | Over 69,445 CPD+ Along Wadsworth Blvd
Executive Summary
PetSmart is the leading pet retailer offering products, services and solutions for the
lifetime needs of pets. PetSmart operates more than 1,660 pet stores in the United
States, Canada and Puerto Rico, as well as more than 200 in-store PetSmart PetsHotel® dog and cat boarding facilities. It provides pet products and in-store services including pet adoption, boarding, grooming and training. The firm also provides boarding for dogs and cats, which includes 24-hour supervision by trained caregivers to provide personalized pet care, an on-call veterinarian and temperature-controlled rooms. The company was founded by Jim Dougherty and Janice Dougherty in 1986 and is headquartered in Phoenix, AZ
lifetime needs of pets. PetSmart operates more than 1,660 pet stores in the United
States, Canada and Puerto Rico, as well as more than 200 in-store PetSmart PetsHotel® dog and cat boarding facilities. It provides pet products and in-store services including pet adoption, boarding, grooming and training. The firm also provides boarding for dogs and cats, which includes 24-hour supervision by trained caregivers to provide personalized pet care, an on-call veterinarian and temperature-controlled rooms. The company was founded by Jim Dougherty and Janice Dougherty in 1986 and is headquartered in Phoenix, AZ
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
26,280 SF
Building Class
B
Year Built
1999
Price
$5,514,416
Price Per SF
$210
Cap Rate
6%
NOI
$330,865
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Land Acres
4.35 AC
Zoning
PUD-BPR, Arvada
Parking
141 Spaces (5.37 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (86)
Bike Score ®
Very Bikeable (80)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 39-142-08-018 | Improvements Assessment | $305,690 |
| Land Assessment | $355,680 | Total Assessment | $661,370 |
PROPERTY TAXES
Parcel Number
39-142-08-018
Land Assessment
$355,680
Improvements Assessment
$305,690
Total Assessment
$661,370
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Power Broker Brian Brockman -
Bang Realty
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Petsmart | 5285 Wadsworth Blvd
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