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Wednesday, January 8, 2014

PetSmart




 Listing PetSmart
Price:$2,431,400
Status:For Sale

is pleased to offer for sale to qualified investors, the opportunity to purchase a 100% fee-simple interest in the PetSmart property located at 731 Stoneridge Parkway in Jefferson City, MO (the “Property”). The Property is located in a dense retail corridor of Jefferson City, MO.


PetSmart is operating under a ten (10) year base lease term with approximately eight (8) years remaining, and four (4) five (5) year renewal options. There are rent bumps in each option period. PetSmart’s lease is NN with limited landlord responsibility.


The subject Property is located along US Route 50 and Missouri Blvd. (33,933 VPD & 23,888 combined VPD) and is adjacent to newly developed retailers including Walmart, Menards, Kohl’s, and Dick’s Sporting Goods among others. The Property benefits from extremely strong demographics with average household income above $83,000 within 1 mile.


In Association with: Burns and Company, Missouri Broker #10310003798


PetSmart

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