Pet Smart 3545 S Preston Rd 16,338 SF 4-Star Retail Building Celina, TX 75009 $5,751,000 ($352.00/SF) 6.25% Cap Rate

This offering is a brand new 2026 construction Costco shadow-anchored PetSmart investment opportunity strategically positioned in the heart of The Village at Ownsby Farms, one of Celina’s newest and largest retail destinations. PetSmart occupies 1.85 acres and is projected to open Q1 2027. The offering includes a 10 year NNN lease with four 5-year renewal options. The Crossing at Moore Farm and The Village at Ownsby Farms together form a unified +77 acre master planned retail district anchored by Lowe’s and EOS, with Home Depot, Costco, and Costco Gasoline. The subject property is across the street from Jefferson Ownsby and Prose Ownsby Farms, two new Class A multifamily communities totaling 850-units.
Celina, TX is booming – the city ranked the fastest growing city in the US, according to the Census Bureau’s 2025 Populations (Released May 2026). The 5-mile population is +89,500 with a 24.6% annual population growth rate and average household income exceeding $217k. The subject property is within a dense retail corridor with national tenants Target, Walmart Supercenter, Hobby Lobby, Dick’s Sporting Goods and Kohl’s. It’s immersed among 8 major master-planned communities within a 10-mile radius, exceeding 8,000 acres combined. The Village at Ownsby Farms is poised to be a hotspot retail destination among flourishing residential developments in the surrounding Celina area.
Watch Property Video: https://vimeo.com/1219564250