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Petsmart | CORPORATE LEASE | HIGH VOLUME TRAFFIC COUNTS APPROACHING 70,000+ CPD | NO LANDLORD RESPONSIBILITIES

$5,514,416

5285 Wadsworth Boulevard, Arvada, CO 80002

Active
Last Updated: 03/20/2025

6

Cap Rate

330,865

NOI

Details:
Cap Rate:    6%
NOI:    $330,865
Building Size:    26,280 sqft
Lot Area:    2.175 acres
Lease Type:    Absolute Net
Year Built:    1999
Price Per Sqft:    $209.83
Highlights:
  • RARE Absolute Net Lease W/ Zero Landlord Responsibilities
  • Corporate Guaranty | PetSmart, LLC Operates 1,660+ Locations
  • W/ 750+ In-Store Vet Clinics
  • Established Location | Long-Term Operating History Since 1999 w/Recent 10-Year Extension
  • Positioned Along Areas Main Retail and Traffic Corridor
  • Nearest PetSmart is Over 5 Miles Away
  • High Volume Traffic Counts | Over 69,445 CPD+ Along Wadsworth Blvd
  • Proximity to On/Off Ramps of I-70 (162,000 CPD+)
  • Neighboring Tenant Synergy Promotes Crossover Store Exposure to Subject Site
  • Dense Demographics | 5-Mile Trade Area | 343,837 Residents and 145,500+ Employees
  • Average Household Income in 3-Miles Exceeds $101,602
  • Neighboring National Retailers Include: Costco, The Home Depot, Lowe's, Sam's Club, Office Max, Conn's, Floor & Decor, Ulta Beauty, Michaels, McDonald's, First Watch, Chipotle, Discount Tire, Chase Bank, Wells Fargo and Much More
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Offering Memorandum
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