Listed by Northmarq Capital, LLC
$4,095,000
PetSmart
Details
APN 00236086
Property Type Retail
Sub Type Storefront
Square Footage 26,988
Units 2
Cap Rate 7.50%
NOI $296,868
Tenancy Single
Brand/Tenant PetSmart
Rent Bumps Yes
Year Built 1997
Stories 1
Acreage 3.200
Investment Type Net Lease
Ground Lease No
Corporate Lease with Tenant Revenues of $10B
Marketing description
Northmarq, on behalf of ownership, is pleased to exclusively offer for sale the opportunity to acquire the 100% fee simple interest in the PetSmart ("The Property") located at 533 S Tracy St, Wichita, Kansas. The asset is a 26,988-square-foot building on a 3.20-acre parcel of land.
Investment highlights
- 25+ Year Operating History
- NNN Lease
- Recent Capital Improvements
- Large 3.20 AC Parcel
- Most-Visited PetSmart in Wichita | Top 10% Store Nationwide
- Highly Trafficked Retail Corridor Along Vietnam Veterans Memorial Hwy (96,600+ VPD)
- Largest City in Kansas | Metro Population of 650,000
Listing Contacts
Listed by Northmarq Capital, LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$296,868.00
$24,739.00/mo
Valuation Metrics
0
DSCR
7.25%
Cap Rate
7.25%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
