Overview

Description

This Petco which has occupied this site for 20 years, just entered into a new lease extension of ten years, showing their commitment to the location.  It is a free-standing, 12,096 square foot building.  Petco has agreed to spend $150,000 in property upgrades beginning March, 2024.  The lease is a net lease, with the landlord responsible for the roof and structure, and a corporate lease with Petco, a public company.  The property shares a parking lot with the adjacent Wallgreens.


The property is located at the intersection of Meridian and Bakerview, one of the busiest intersections in Bellingham, WA, with a daily traffic count of 42,678 automobiles.



New 10-Year Lease
2024 Property Upgrade
Expanding Pet Industry
Freestanding Store With Ample Parking
Tax-Free State
Excellent Location at Major Intersection
10% rent increase in the sixth yea

Documents

---