PetSmart| $7,990,629| 6.75% CAP
» ABSOLUTE‑NET LEASE | ZERO LANDLORD RESPONSIBILITIES
Lease Structured On An Absolute-NNN Basis; Tenant Responsible For All Expenses Including Roof, Structure And Real Estate Taxes.
» CORPORATE GUARANTEE BY A LEADING PET‑RETAIL BRAND
Tenant: PetSmart – U.S. National Leader In Pet Supplies, Services And Grooming.
» BUILDING / SITE SPECIFICATIONS | 25,000 SF ON 3.16 ACRE PAD
Constructed In 1996, The Fully‑Leased 25,000 Sq. Ft. Big‑Box Building Sits On A 3.16‑Acre Land Parcel, Providing Size, Scale And Prominent Visibility.
» PRIME RETAIL LOCATION IN BEAVERTON SUBMARKET
Situated At 12375 SW Walker Road, Beaverton, OR, Within A Densely Trafficked Regional Retail Node; Serves Strong Population Bases (Approx. 13,586 Within 1 mile; 139,480 Within 3 miles; 362,123 Within 5 miles).
» DEMOGRAPHICS & HOUSEHOLD AFFLUENCE
Average Household Income Within 3‑Mile Ring Is Approx. $115k; Within 5‑Mile Ring Approx. $126k, Supporting Quality Retail Demand.
» LONG‑TERM GROWTH POTENTIAL VIA LEASE ESCALATIONS
Lease Provides ~10% Rent Increases Every Five Years, Generating Contractual Growth Built Into The Income Stream.
» RETAIL CATEGORY WITH RESILIENCE | PET CARE & SERVICES
The Pet‑Care Industry Remains Resilient And Often Counter‑Cyclical To Broader Retail Trends, Providing Defensive Characteristics For The Investment.
