PetSmart
PetSmart locations typically range from 18,000 to 28,000 square feet, situated on 2.0 to 4.0-acre parcels, and are often located in power centers, regional retail corridors, or adjacent to grocery anchors. Most leases are 15- to 20-year absolute NNN, with 10% rent escalations every 5 years, and are corporately guaranteed. These stores serve as destination […]