Tenant exposure
PetSmart in CMBS
The trusts' filings name PetSmart among the three largest tenants at properties securing 58 public CMBS loans with $1.0B outstanding. It is the largest tenant at 10 of them. None of those loans is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Shops at Dakota Crossing | Washington, DC | Retail | $46.0M | 4.86% | Apr 2032 | 1.53x | 100% | Current |
| Citadel Crossing - Colorado Springs | Colorado Springs, CO | Retail | $41.0M | 8.13% | Jun 2029 | 1.13x | 93% | Current |
| Mesa Grand | Mesa, AZ | Retail | $38.0M | 6.583% | Jul 2031 | n/a | n/a | Current |
| Market Center at Aliana | Richmond, TX | Retail | $37.0M | 7.03% | Oct 2028 | 1.29x | 95% | Current |
| Meridian Sunrise Village | Puyallup, WA | Retail | $35.0M | 4.62% | Oct 2027 | 2.41x | 96% | Current |
| Westland Fair | Las Vegas, NV | Retail | $30.4M | 3.40% | Nov 2029 | 2.38x | 97% | Current |
| Clovis Commons | Clovis, CA | Retail | $29.3M | 5.00% | Nov 2028 | 1.90x | 99% | Current |
| Red Rock Commons | Saint George, UT | Retail | $28.1M | 6.20% | Oct 2035 | 1.55x | 97% | Current |
| Lake Mead Crossing | Henderson, NV | Retail | $28.0M | 6.71% | Dec 2030 | 1.36x | 98% | Current |
| Woodbridge Crossing | Wylie, TX | Retail | $27.8M | 3.525% | Dec 2029 | 3.51x | 100% | Current |
| Hualapai Commons | Las Vegas, NV | Retail | $26.1M | 3.48% | Dec 2029 | 3.08x | 100% | Current |
| Center Pointe Plaza II | Newark, DE | Retail | $25.2M | 4.655% | May 2028 | 1.98x | 82% | Current |
| 236 Atlantic Avenue | Brooklyn, NY | Mixed use | $25.0M | 4.86% | Apr 2028 | 1.08x | 92% | Current |
| Park Place Shopping Center, Tukwila | Tukwila, WA | Retail | $23.4M | 3.52% | Feb 2032 | 2.87x | n/a | Current |
| Stonebridge Village | Flowery Branch, GA | Retail | $22.6M | 3.093% | Sep 2031 | 3.72x | 100% | Current |
| Lebanon Plaza Shopping Center | Lebanon, PA | Retail | $22.2M | 3.85% | Aug 2029 | 2.21x | 86% | Current |
| Quail Creek Crossing | Wichita Falls, TX | Retail | $21.8M | 6.745% | Oct 2030 | n/a | n/a | Current |
| Bird Creek Crossing | Temple, TX | Retail | $21.0M | 3.99% | Sep 2029 | 2.29x | 100% | Current |
| Irving Market Center | Irving, TX | Retail | $20.9M | 4.652% | Apr 2029 | 1.84x | 99% | Current |
| Corona Hills Marketplace | Corona, CA | Retail | $20.0M | 6.17% | Mar 2035 | 1.65x | 87% | Current |
| Palmilla Center | Avondale, AZ | Retail | $19.9M | 6.216% | Dec 2030 | n/a | n/a | Current |
| Shoppes of Benton | Benton, AR | Retail | $19.6M | 4.925% | Apr 2028 | 1.46x | 99% | Current |
| The Commons, Reno | Reno, NV | Retail | $19.2M | 4.555% | Jul 2028 | 1.92x | 99% | Current |
| Town Square Plaza, Pottstown | Pottstown, PA | Retail | $19.0M | 4.32% | Jun 2027 | 0.98x | 100% | Current |
| Marketplace at Smyrna | Smyrna, TN | Retail | $18.7M | 5.09% | Jan 2029 | 1.80x | 100% | Current |
| Birnham Woods | Spring, TX | Retail | $18.5M | 5.53% | Jun 2032 | 2.62x | 100% | Current |
| Metro Towne Center | Phoenix, AZ | Retail | $18.4M | 4.12% | Sep 2027 | 2.42x | 93% | Current |
| Rooney Ranch | Oro Valley, AZ | Retail | $18.1M | 5.374% | Aug 2032 | 1.87x | 98% | Current |
| Conyers Plaza | Conyers, GA | Retail | $17.5M | 3.865% | Feb 2027 | 2.54x | 76% | Current |
| Burlington Crossing | Burlington, WA | Retail | $16.8M | 5.573% | May 2031 | n/a | n/a | Current |
| Piemonte at Ontario Center | Ontario, CA | Retail | $16.5M | 4.602% | Aug 2028 | 2.46x | 80% | Current |
| Balcones Woods Shopping Center | Austin, TX | Retail | $16.4M | 4.70% | Jun 2027 | 2.06x | 95% | Current |
| Chesterfield Marketplace | North Chesterfield, VA | Retail | $15.5M | 6.623% | May 2033 | 1.42x | 100% | Current |
| Spring Prairie | Kalispell, MT | Retail | $14.3M | 4.80% | Aug 2027 | 1.87x | 100% | Current |
| The Grove at Plymouth- Mass | Plymouth, MA | Retail | $13.8M | 4.74% | Dec 2026 | 1.77x | 82% | Current |
| Expressway Marketplace | Rohnert Park, CA | Retail | $13.3M | 3.448% | Apr 2031 | 1.74x | 81% | Current |
| Lexington Pavilion | Lexington, SC | Retail | $12.9M | 4.54% | Mar 2029 | 1.93x | 98% | Current |
| Marketplace at Delta Township | Lansing, MI | Retail | $12.3M | 4.71% | Jun 2027 | 1.63x | n/a | Current |
| Town Square Plaza, Gloucester Township | Gloucester Township, NJ | Retail | $12.0M | 7.047% | May 2036 | n/a | n/a | Current |
| Baytowne Shoppes and Square | Champaign, IL | Retail | $11.5M | 6.97% | Sep 2033 | 1.55x | 89% | Current |
| Northpoint Shopping Center | Cape Coral, FL | Retail | $11.0M | 4.925% | Jan 2029 | 2.36x | 97% | Current |
| 9th Street Marketplace | Murray, UT | Retail | $10.8M | 5.15% | Jan 2029 | 1.66x | 100% | Current |
| Northpointe Shopping Center | Utica, MI | Retail | $10.0M | 7.04% | Jul 2029 | 1.91x | 97% | Current |
| Dimond Crossing | Anchorage, AK | Retail | $9.5M | 4.69% | Sep 2028 | 2.19x | 91% | Current |
| Oaktree Plaza - Denton | Denton, TX | Retail | $9.3M | 3.875% | Feb 2030 | 1.38x | 94% | Current |
| Paseo Lindo | Chandler, AZ | Retail | $9.1M | 4.23% | Oct 2027 | 5.45x | 100% | Current |
| Grand Teton Plaza | Idaho Falls, ID | Retail | $8.4M | 3.358% | Jul 2031 | 2.66x | 72% | Current |
| 6851 Veterans Memorial Blvd | Metairie, LA | Retail | $8.2M | 4.448% | May 2027 | 1.66x | 98% | Current |
| The Marketplace at Janesville | Janesville, WI | Retail | $7.1M | 4.862% | Nov 2028 | 0.92x | 74% | Current |
| Richmond Ranch | Texarkana, TX | Retail | $6.5M | 4.289% | Oct 2027 | 2.66x | 96% | Current |
| East Towne Green Bay | Green Bay, WI | Retail | $6.1M | 5.377% | Jun 2028 | 1.56x | 96% | Current |
| Whispering Ridge | Omaha, NE | Retail | $5.8M | 3.635% | Feb 2030 | 1.77x | 96% | Current |
| Layton Crossing | Layton, UT | Retail | $5.4M | 3.53% | Nov 2031 | 2.62x | 100% | Current |
| Franklin Village | Waco, TX | Retail | $4.5M | 4.56% | Sep 2027 | 1.47x | 92% | Current |
| Macarthur Retail Center | Irving, TX | Retail | $4.4M | 4.892% | Jul 2028 | 2.81x | 100% | Current |
| Commons at Southtowne IV | Sandy, UT | Retail | $4.3M | 4.12% | Mar 2030 | 2.80x | 100% | Current |
| County Fair Market Place | Hutchinson, MN | Retail | $3.5M | 4.65% | Jul 2029 | 2.56x | 100% | Current |
| Wisconsin Rapids Retail | Wisconsin Rapids, WI | Retail | $3.3M | 6.02% | Sep 2035 | n/a | n/a | Current |
Where PetSmart is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Baytowne Shoppes and Square | Jan 2027 | Sep 2033 | $11.5M |
| Birnham Woods | Jun 2027 | Jun 2032 | $18.5M |
| County Fair Market Place | Dec 2027 | Jul 2029 | $3.5M |
| The Marketplace at Janesville | Feb 2028 | Nov 2028 | $7.1M |
| 9th Street Marketplace | Mar 2028 | Jan 2029 | $10.8M |
| Whispering Ridge | May 2029 | Feb 2030 | $5.8M |
| Commons at Southtowne IV | Feb 2030 | Mar 2030 | $4.3M |
| Richmond Ranch | Mar 2030 | Oct 2027 | $6.5M |
| Dimond Crossing | Nov 2030 | Sep 2028 | $9.5M |
| Franklin Village | Jan 2032 | Sep 2027 | $4.5M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: PETSMART; PETSMART, INC.; PETSMART, LLC.; PETsMART; PetSmart; PetSmart Inc.; PetsMart; Petsmart; Petsmart, Inc. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.