$6,300,000
Petco
Listing Type: For Sale
Property Type: Retail
Status: Available
CBA ID#: 680653
189 E Bakerview Road
Bellingham, WA 98226

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Commercial Property

Marketing Description:

Exceptional investment opportunity in a bustling community! This standalone building features a secure 10-year net lease with corporately backed Petco, a leading player in the rapidly growing pet industry.Located centrally in the retail hub of Bellingham, this property benefits from its proximity to a growing population and is just minutes from the Canadian border. Petco's robust financial performance reflects the industry's remarkable growth, with revenues projected to reach $6.2 Billion in fiscal 2023. Their market share has surged from 21% in 2020 to an impressive 26% in 2023, underscoring their dominance and stability.Situated in a high-traffic area, this property ensures maximum exposure and foot traffic, contributing to Petco's ongoing success and your investment's profitability.

Land Features:

  • Lot Size: 104108 SqFt
  • Lot Acreage: 2.39 Acres
  • Zoning: C
  • Total Parking: 76
  • Uncovered Parking: 76

Building Features:

  • Building Size: 12000 SqFt
  • Number of Floors: 1
  • Cap Rate: 0.00%
  • Year Built: 2002
This Listing Supplied Courtesy of Keller Williams Western Realty
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
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