Petco & Gentle Dental
Two Tenant National Retail Center
Marketing description
The Offering provides the opportunity to acquire a two-tenant retail building 100% occupied by national brands Petco and Gentle Dental. The Property is located within Albany’s primary retail corridor, adjacent to Heritage Mall, the region’s dominant shopping destination serving Linn and Benton counties. Petco has operated at the site continuously since the building’s development in 2008 and operates in the top 87% of all locations nationally (per Placer.ai) and Gentle Dental has occupied the premises for over 13 years.
The Property benefits from immediate access to the Pacific Boulevard / Santiam Highway interchange, with direct connectivity to Interstate 5, providing strong visibility, access, and consistent traffic exposure exceeding 35,000 vehicles per day.
Investment highlights
Essential, Service-Based Tenants: Petco and Gentle Dental drive consistent traffic through necessity retail and healthcare services.
High-Performing Petco: Location ranking in the 87th percentile nationally with 248K annual visits (Placer.ai).
Proven Tenancy: Petco (17+ years) and Gentle Dental (~13 years), demonstrating long-term stability.
Prime Retail Location: Core Albany retail corridor near Heritage Mall (3.5M+ annual visits).
Strong Connectivity: Direct access to Hwy 20, OR 99E, and I-5 (68K+ daily traffic).
Healthy Market Fundamentals: Growing, diverse economy with a tight 2.8% retail vacancy rate.
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