Property History
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Investment Highlights
- National Tenant | PetSmart
- Largest Specialty Pet Retailer of Services and Solutions for the Lifetime Needs of Pets
- Location Features a Banfield Pet Hospital, Driving Additional Foot Traffic into the Store
- Over 11 Years Remaining on a Corporately Guaranteed Rare Triple-Net Lease
- Seven Percent Rent Bump in Just Over Year, and then a Seven and a Half Percent Rent Bump Every Five Years After That
- Five, Five-Year Option Periods with Rental Increases
- No Landlord Responsibility – Very Rare for PetSmart Leases
- Ideally Positioned on a Signalized, Hard-Corner Intersection of Northwest Highway and Illinois Route 31 | 64,175 Total Vehicles Passing per Day
- Attractive Real Estate
- Adjacent to The Home Depot
- Access from Route 31, Northwest Highway and Sands Road
- Four Points of Ingress/Egress
- Situated Along a Major East-West Thoroughfare, Directly Off Route 31
- Notable Major Retailers in the Area Include Target, Walmart, Walgreens, ALDI, ACE Hardware, T.J. Maxx, ROSS Dress for Less, ULTA, Hobby Lobby, Burlington, Petland, Menards and Much More
- Dense, Affluent Demographics
- The Average Household Income is $124,419 Within One Mile and $128,734 Within Five Miles
- The Population Within Five Miles is 126,268
- Within Three Miles the Daytime Population is 52,481 and 109,480 Within Five Miles
- In 2020, The Pet Industry Reached a Milestone with Total Sales of $103.6 Billion, a Historic High | 6.7 Percent Increase from Previous Year
- Forecast Predicts the Global Pet Care Market will Reach $358.62 Billion by 2027
Loan History
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Contact Information
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Ownership Information
Zoning
B-2/PUD PlannedGeneral Commercial Planned Unit Development
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View all 312 uses Last updated Jun 8, 2026 For deeper zoning details, reports are available at Zoneomics
Property Details
Contacts
Map
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