PetSmart | Brand New 12 Year Lease Extension

5151 E 82nd St, Indianapolis, IN 46250

  • For Sale $7,836,000
  • Property Type Other
  • Property Size 26,290 SF
  • Lot Size 1.66 SF
  • Additional Rent Contact for pricing
  • Date Updated Sep 15, 2024

The Snyder Carlton National Net Lease Team is pleased to offer to investors an excellent opportunity to purchase a true absolute NNN PetSmart in Castleton, IN. The tenant just extended their lease for a brand new 12-year term and has a 24-year operating history at this location. The roof was replaced in 2017 by the tenant.

The property is strategically located between The Fashion Mall at Keystone anchored by Nordstrom and the Castleton Square Mall which is the largest mall (1.1 million SF) in the state. 82nd Street is a high traffic commercial throughfare for the wealthiest trade area in the state and boasts AADT over 86,300 at its intersection. The upscale surrounding trade area has a population of over 168,400 residents with an average household income exceeding $121,000. Nearby retailers include Trader Joes, Whole Foods, Chick-fil-A, REI, Fresh Thyme Market, HomeGoods, Floor & Decor, The Container Store, Lifetime Fitness, PGA Tour Superstore, and Nordstrom Rack. PetSmart, Rated B+ by Standard & Poor’s, had $9.7 billion in revenue in 2023. It is the largest pet specialty chain in the U.S., and operates over 1,660 stores with 750+ in-store vet clinics.

Available

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Contacts

broker

Jereme Snyder

broker

Eric Carlton

broker

Saimir Qalliu

Location

Getting Around

  • Walk Score ®

    62/100 Somewhat Walkable
  • Transit Score ®

    29/100 Some Transit
  • Bike Score ®

    63/100 Bikeable
Powered by Walk Score ®
  • City Indianapolis, IN
  • Neighborhood Allisonville
  • Zip Code 46250
  • Market Indianapolis

Points of Interest

  • Canal

    9.54 miles

  • Speedway

    0.15 miles

  • Thorntons

    0.89 miles

  • Costco Gasoline

    1.25 miles

  • Marathon

    1.57 miles

  • Kroger Fuel Center

    1.59 miles

  • Speedway

    1.64 miles

  • Circle K

    1.83 miles

  • Marathon

    2.01 miles

  • BP

    2.19 miles

  • Speedway

    2.57 miles

  • CarMax Car Lot

    1.72 miles

  • CarMax Customer Parking

    1.79 miles

  • Ironworks Hotel

    2.01 miles

  • Cumulus Parking Lot

    2.47 miles

  • Cumulus Parking lot

    2.49 miles

  • Walnut Trailhead Parking

    3.51 miles

  • East Parking Pavilion

    3.70 miles

  • Back-In Parking

    3.81 miles

  • Lawrence Creek Trailhead Parking

    4.02 miles

  • Fresh Thyme/The Coil Parking Garage

    4.09 miles

  • Quality Inn of Indy Castleton

    0.29 miles

  • Courtyard Indianapolis Castleton

    0.83 miles

  • Oakwood at Rivercrossing

    1.38 miles

  • Days Inn

    1.45 miles

  • TownePlace Suites Indianapolis Keystone

    1.49 miles

  • Marriott Indianapolis North

    1.53 miles

  • Travelodge Indianapolis Castleton

    1.60 miles

  • Sheraton Indianapolis Hotel at Keystone Crossing

    1.61 miles

  • Hampton Inn & Suites

    1.65 miles

  • Suburban Extended Stay N East

    1.72 miles

  • Noodles & Company

    0.09 miles

  • Jersey Mike's Subs

    0.13 miles

  • Qdoba

    0.16 miles

  • Wasabi on 82nd

    0.18 miles

  • Five Guys

    0.19 miles

  • MacKenzie River Pizza Co

    0.23 miles

  • Chipotle

    0.25 miles

  • White Castle

    0.29 miles

  • Chuck E. Cheese's

    0.36 miles

  • HotBox Pizza

    0.57 miles

  • Allisonville Elementary School

    0.48 miles

  • Midwest Bartenders School

    0.82 miles

  • Heritage Christian School

    1.63 miles

  • Skiles Test Elementary School

    2.27 miles

  • Saint Pius X School

    2.30 miles

  • Indiana Math and Science Academy

    2.32 miles

  • McKenzie Career Center

    2.32 miles

  • Lawrence North High School

    2.42 miles

  • Hilltop Elementary School

    2.42 miles

  • International Business College

    2.47 miles

  • Compassionate Angels Ministry

    2.23 miles

  • KinderCare

    2.31 miles

  • SEAS Parish Life Center and Kindergarten

    2.83 miles

  • Kelley's Exclusive Child Care

    3.90 miles

  • KinderCare

    3.97 miles

  • KinderCare

    4.17 miles

  • KidzPointe Academy

    4.21 miles

  • The Goddard School

    4.38 miles

  • The Urban Chalkboard

    4.47 miles

  • Gymboree Play & Music

    4.59 miles

Frequently Asked Questions

How much does PetSmart | Brand New 12 Year Lease Extension cost?

The space currently listed for sale at PetSmart | Brand New 12 Year Lease Extension asks for $7,836,000.

What is the total square footage of PetSmart | Brand New 12 Year Lease Extension?

PetSmart | Brand New 12 Year Lease Extension totals 26,290 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact PetSmart | Brand New 12 Year Lease Extension