Net-Leased Pet Retail
4014 S Western Ave Marion, IN 46953
For Sale
Contact for pricing
Pending
Individually parceled net lease PetSmart location with 3.5-year term remaining and multiple renewal options.
Days on Market106
Property Features for 4014 S Western Ave
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing Agency:
Forged Real Estate
(610) 608-2621
Listed By:
Stephen Schrenk · License #NJ
Source:
Crexi
Added: Apr 10
Changed: Jul 23
Last Checked: Jul 23 at 1:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Forged Real Estate
Investment Insights
Based on property information with market context.
This individually parceled, net lease property is offered on a fee simple basis and is leased to PetSmart. The lease includes a remaining term of 3.5 years with five remaining options, and rental increases scheduled every five years throughout the term.
The property is located within University Marketplace on South Western Avenue in Marion, Indiana, a primary retail corridor with over 23,000 VPD. The shopping center is anchored by Meijer and includes a tenant mix featuring national retailers such as Lowe’s, Walmart, Big Lots, Goodwill, Tractor Supply Company, and McDonald’s. University Marketplace is directly across the street from Indiana Wesleyan University.
For prospective tenants, the asset’s configuration as a dedicated PetSmart storefront within a college-adjacent, Meijer-anchored shopping center supports a straightforward, established retail use in an active neighborhood retail environment.
The property is located within University Marketplace on South Western Avenue in Marion, Indiana, a primary retail corridor with over 23,000 VPD. The shopping center is anchored by Meijer and includes a tenant mix featuring national retailers such as Lowe’s, Walmart, Big Lots, Goodwill, Tractor Supply Company, and McDonald’s. University Marketplace is directly across the street from Indiana Wesleyan University.
For prospective tenants, the asset’s configuration as a dedicated PetSmart storefront within a college-adjacent, Meijer-anchored shopping center supports a straightforward, established retail use in an active neighborhood retail environment.
Key Highlights
- Individually parceled net lease property leased to PetSmart
- PetSmart lease has 3.5 years remaining and five remaining options
- Rental increases scheduled every five years throughout the lease term
Property Analytics
Location Intelligence
Current Use by Public Records
PetSmart
(Bike/Boat/Book/etc) Store
TagWorks
(Bike/Boat/Book/etc) Store
PetSmart Grooming
Pet Grooming Service
PetSmart Dog Training
Animal Training
FAQs
What type of property is this?
Storefront property - Individually parceled net lease PetSmart location with 3.5-year term remaining and multiple renewal options.
Where is this storefront property located?
The property is located at 4014 S Western Ave Marion, IN.
What are key features of this property?
This property features: Individually parceled net lease property leased to PetSmart; PetSmart lease has 3.5 years remaining and five remaining options; Rental increases scheduled every five years throughout the lease term
