Petco 2390 E Mason St 15,075 SF Retail Building Green Bay, WI 54302 $2,963,007 ($196.55/SF) 7.25% Cap Rate

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Petco located in Green Bay, Wisconsin. Petco has been successfully operating at this location since 2001 and recently signed a 10-year lease extension through 2036. The subject lease features rental escalations every five years throughout the remaining primary term and two 5-year renewal options. The property underwent significant improvements totaling more than $500,000 in 2025. The improvements include signage, parking lot, and interior renovations.
The 15,075-square-foot building is strategically positioned within East Town Shopping Center, a dynamic retail hub anchored by nationally recognized brands. Since 2022, East Town has further enhanced its appeal by attracting new tenants, including Burlington, Five Below, Hallmark, Planet Fitness, Chipotle, Biggby Coffee, and a newly renovated Hobby Lobby. The center is also home to ALDI, Kohl’s, Marshalls, Bath & Body Works, Ross, and Rogan’s Shoes (Shoe Carnival), reinforcing its status as a premier shopping destination. Additionally, the shopping center is located along East Mason Street, which serves over 28,800 vehicles per day. The property is also within proximity to two of Green Bay’s major thoroughfares: Interstate 43 (45,200 VPD) and US-141 (18,700 VPD). There are 122,444 people living within a five-mile radius of the property, with an average household income of $85,919.
Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) is a leading pet health and wellness company focused on improving the lives of pets, pet parents, and the communities they serve. Founded in 1965 and headquartered in San Diego, California, Petco operates a nationwide network of retail locations, e-commerce platforms, and comprehensive pet care services, offering a one-stop shop for pet essentials, grooming, training, and veterinary care. Through its network of over 1,500 locations across the U.S., Mexico, and Puerto Rico, Petco continues to expand its presence in the rapidly growing pet industry.