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PetSmart NNN Property with Banfield
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529 Atlantic Ave, Oceanside, NY 11572

Recently constructed retail asset with an integrated veterinary hospital and limited landlord obligations under an NN lease.

Property SizeContact for details
Days on Market145

Property Features for 529 Atlantic Ave

General Information

Standard status Active
Property subtype Retail

Site & Location

Corner Location Yes
Traffic Count 56,000 vehicles/day
Road Access Yes

Building Details

Year Built 2015
Tenancy Single
Listing Agency: CBRE - Philadelphia Suburban
Listed By: Michael Shover · License #PA RS297166
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 3:37AM

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 CBRE - Philadelphia Suburban

Investment Insights

Based on property information with market context.

This NNN property is anchored by a PetSmart store with an in-store Banfield Pet Hospital, creating a combined retail and veterinary-care format. The building was completed in 2015, and the lease structure places minimal responsibilities and expenses on the landlord. More than 8 years remain in the initial 10-year term, with 10% rent increases every 5 years and two five-year renewal options.

The property occupies the signalized intersection of Atlantic Avenue and Lawson Boulevard in Oceanside, with combined traffic counts exceeding 56,000 vehicles per day. Nearby national retailers include Stop & Shop, Wendy’s, CVS, and Best Market. The surrounding trade area includes more than 24,000 residents within 1 mile, over 167,000 within 3 miles, and over 486,000 within 5 miles. Average household income exceeds $110,000 in both the 1- and 3-mile rings.

Key Highlights

  • PetSmart store includes an in‑house Banfield Pet Hospital
  • 2015 construction with no deferred maintenance identified
  • Over 8 years remaining in the initial 10‑year lease term

Property Analytics

Current Use

Animal Surgical Center Veterinary Clinic

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Locksmith Storage Facility Tattoo & Piercing Shop Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

56,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

944
Businesses Nearby
150k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 44% Dining 21% Shops & Services 21% Electronics 15%
Stop & Shop Groceries
42,006 visits/mo 0.1 miles
Wendy's Dining
23,939 visits/mo 0.3 miles
Lidl Groceries
23,488 visits/mo 0.2 miles
P.C. Richard & Son Electronics
21,862 visits/mo 0.1 miles
Speedway Shops & Services
15,186 visits/mo 0.1 miles

Demographics for 11572, NY

31,157
Population
10,811
Households
2.9
Avg Household Size
44
Median Age
48%
College-Educated
94%
High-School Grad
4.8 sq mi
ZIP Area
6,491
Density / Sq Mi
$144,419
Median Household Income
$61,627
Median Earnings
$2,118
Median Rent
$627,300
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Recently constructed retail asset with an integrated veterinary hospital and limited landlord obligations under an NN lease.
Where is this nnn property located?
The property is located at 529 Atlantic Ave Oceanside, NY.
What are key features of this property?
This property features: PetSmart store includes an in‑house Banfield Pet Hospital; 2015 construction with no deferred maintenance identified; Over 8 years remaining in the initial 10‑year lease term
(484) 567-2340 Call to check price and availability
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