8800 N Tampa Ave
Northridge, CA 91324
Petco - Northridge · Retail Property For Sale

The Newmark Team is pleased to present investors the opportunity to acquire a trophy single-tenant NNN asset located in a very dense and affluent submarket in Southern California. The subject property consists of a 14,280 square foot Petco located on 1.28 acres on the north end of Tampa Ave and Parthenia St in the City of Northridge. The property consists of freestanding pad building located in front of a very high volume Costco. Petco enjoys a competitive advantage with its strong visibility along the Tampa Ave, one of the region’s most trafficked arterials. Petco has operated at the property since March of 2004. The longevity of Petco at this location is the best evidence of their sales performance, and strong commitment for continued operation at this site. The property is located in the heart of an extremely dense and affluent submarket with 245,763 residents with average household incomes in excess of $85,437 per year within three (3) miles of the property. In addition, the property is supported by a daytime population of approximately 239,783 employees, and a residential population in excess of 546,414 within a (5) mile radius. The store sits in very close proximity to the Northridge Fashion Mall, the regions primary retail destination. The city of Northridge is known for being a very vibrant submarket, and is home to many top tier stores for the respective retailers operating in this area. The consumer base for this submarket includes residents from the affluent communities of Porter Ranch, Granada Hills, and North Hills. The trade area is regionally accessible via the Ronald Reagan 118, Ventura 101, and San Diego 405 freeways.