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PetSmart Properties For Sale

    



Interested in Purchasing a PetSmart Property for Investment?

 

If you wish to purchase a PetSmart property for investment, please email  info@nnndeals.com; We have access to an extensive inventory of triple net PetSmart properties for sale in Washington DC, Maryland, Virginia and the entire United States. 

 

 

 

PetSmart

 

 
Price: 

$2M - $6M


Lease Term
:

10 – 15 Years


Increases:
 
10% Every 5 years 
Lease Extensions: 20 – 40 Years  

Lease Type
:
Absolute NNN Lease 

Lease
Guarantee: 

Corporate
CAP Rate Ranges:
6% – 7%
Formerly called
Pacific Coast Distributing
PetFood Warehouse
PETsMART[1]
Private
Industry Retail
Founded 1986; 30 years ago(as PetFood Warehouse)
Phoenix, Arizona
Founders Jim and Janice Dougherty
Number of locations
1,352 (2014)[2]
Area served
United States,CanadaandPuerto Rico
Key people
Michael J. Massey, PresidentCEO[3]
Products Pet Supplies, Grooming, Training
Brands All
Services PetsHotel, Doggie Day Camp
Revenue US$ 6,916.627 million (2014)[4]
US$ 693.318 million (2014)[4]
Profit US$ 419.52 million (2014)[4]
Total assets US$ 2,521.968 million (2014)[5]
Total equity US$ 1,093.782 million (2014)[5]
Number of employees
53,000+[2]
Divisions PetSmart Canada
PetSmart Charities
PetSmart Charities of Canada
Slogan Where Pets Inspire Us
Website www.petsmart.com

 

About PetSmart :

 

PetSmart, Inc. (NASDAQ: PETM) is a retail chain doing business in theUnited States and Canada engaged in the sale of specialty pet supplies and services such as grooming and dog training, PetSmart PetsHotel dog and cat boarding facilities and Doggie Day Care. The name PetSmart was coined as apun, since its name serves both as Pet Smart and Pets' Mart.

PetSmart was founded in 1986 and opened its first two stores in 1987 under the name PetFood Warehouse in the Phoenix area. In 1989 the name and logo changed from PetFood Warehouse to PETsMART.

PetSmart continued to grow and in 1993 went public on the NASDAQ stock exchange listed under the symbol “PETM”. In 1994, PetSmart formed PetSmart Charities, Inc., a nonprofit organization that’s dedicated to ending euthanasia and finding homes for homeless pets. Petsmart.com made it's debut in 1996.

In early 2000, PetSmart remodeled most of its stores in a plan they called "Eagle" which changed many of its stores from a front-half storefront, back-half warehouse feel to an all-over standard retail market, in hopes of not intimidating customers.[citation needed]

In August 2005, the company announced that it was rebranding its name from PETsMART to PetSmart. This move, which de-emphasized "Mart" and emphasized "Smart", was designed to emphasize its evolution from a pet supply store to a solutions-oriented company.[2]

As of May 2010, PetSmart operated approximately 1,160 stores and about 165 locations with PetsHotels and Doggie Day Camps. Many PetSmarts also containBanfield Pet Hospital veterinary offices.Click here for a complete history.

 

PetSmart  Properties For Sale Across the United States :

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky,  Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey,  New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma,  Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Virgin Islands,  Washington, West Virginia,  Wisconsin,  Wyoming    



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