Log In/Sign Up
Your email has been sent.
Petco 141 Beaver Trl S 10,900 SF Retail Building Glasgow, KY 42141 $4,158,000 ($381.47/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- New 2022 Build-To-Suit
- New 15-Year Lease
- 8.50% Increases Every 5-Years
- New Petco STNL Prototype
- Absolute NNN Lease
- Five, 5-Year Options
EXECUTIVE SUMMARY
Embree Capital Markets Group is pleased to present a build-to-suit Petco locate in Glasgow, KY. 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.
FINANCIAL SUMMARY (ACTUAL - 2022) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$259,888
|
$23.84
|
FINANCIAL SUMMARY (ACTUAL - 2022)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $259,888 |
| Annual Per SF | $23.84 |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
10,900 SF
Year Built
2022
Price
$4,158,000
Price Per SF
$381.47
Cap Rate
6.25%
NOI
$259,888
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
13.01 AC
Zoning
COMMERCIAL
Frontage
649’ on Beaver Trail South
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Petco
- Retailer
- 10,900 SF
- -
- Triple Net
- Dec 2037
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Petco | Retailer | 10,900 SF | - | Triple Net | Dec 2037 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 79-11E | Improvements Assessment | $102,000 (2024) |
| Land Assessment | $13,200 (2024) | Total Assessment | $115,200 (2024) |
PROPERTY TAXES
Parcel Number
79-11E
Land Assessment
$13,200 (2024)
Improvements Assessment
$102,000 (2024)
Total Assessment
$115,200 (2024)
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Petco | 141 Beaver Trl S
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.