Petco

Investment Overview

Investment Highlights

• Prime Cool Springs Location: Positioned within Williamson County’s established Cool Springs commercial corridor, surrounded by national retailers, corporate offices, and residential neighborhoods
• Corporate-Guaranteed Petco Lease Through January 2030: Single-tenant investment with a corporate guaranty and two additional five-year renewal options with over 8% rent increases beginning in each option period
• Interstate 65 Visibility | 150,000+ Vehicles Daily: Prominent interstate exposure complemented by access from Mallory Lane, which carries more than 21,000 vehicles per day
• Renewal Option Exercised | Demonstrated Tenant Commitment: Petco exercised its five-year renewal option in 2025, extending the lease through January 31, 2030 with a rent increase and reinforcing its commitment to the location
• Transferable Roof Warranty Through September 2029: The roof benefits from an original 15-year transferable warranty effective through September 22, 2029, providing valuable coverage during the remaining lease term
• Established National Retail Destination: Surrounding retailers include Whole Foods, Trader Joe’s, Walmart, Sam’s Club, Lowe’s, Kohl’s, and Cool Springs Galleria, reinforcing the corridor’s regional shopping draw
• Affluent Nashville MSA | Average Household Income In a 5-Mile Radius Exceeds $154,924 | Excellent Demographics –Over 108,000 People within a 5-Mile Radius
• Located Across from McEwen Northside Development: 745,000 SF Of Class A Office Space and over 113,00 SF Of Restaurants And Retail