- For Sale $7,393,773
- Property Type Retail - Freestanding
- Property Size 15,784 SF
- Lot Size 1.98 Acre
- Year Built 2021
- Date Updated Jan 30, 2024
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Attachments
Highlights
- LONG TERM LEASE - The subject property has close to 18 years remaining on the initial term of an Absolute NNN Lease.
- ZERO LANDLORD RESPONSIBILITIES - Absolute NNN Lease. Ideal for Investors not Local to the Market or looking for a "hands o?" investment. Tenant responsible for all taxes, insurance, and maintenance including roof, structure, and parking lot.
- RENTAL INCREASES - 10% Rental increases every 5 years throughout the base term and option periods give the investor the ability to hedge against inflation.
- EXCELLENT VISIBILITY/TRAFFIC COUNTS - Site is visible from Interstate 35 with 176,049 Vehicles Per Day and 41,466 Vehicles Per Day on S Stemmons Fwy.
- OUTSTANDING DEMOGRAPHICS - There are nearly 250,000 residents within a 5-mile radius of the property, with an average household income upwards of $115,000 annually.
- BRAND NEW CONSTRUCTION - The building's built-to-suit construction was completed in October 2021.
- STRONG CORPORATE GUARANTOR - The lease is corporately guaranteed by National Veterinary Associates (NVA) Inc. (1,100 veterinary clinic operator), which is owned by JAB Holdings, CO, a billion dollar company owned by the Reimann family. (One of the wealthiest families in the world.)
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Contacts
Paul Matusik
Prime Net Lease
(714) 875-2400
Location
Getting Around
-
Walk Score ®
Somewhat Walkable (55) -
Bike Score ®
Bikeable (51)
- City Lewisville, TX
- Neighborhood Rockbrook Village
- Zip Code 75067
- Market Dallas Fort Worth
Points of Interest
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Hebron
1.16 miles
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Old Town
2.64 miles
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North Carrollton/Frankford
2.70 miles
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Trinity Mills
3.61 miles
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Downtown Carrollton
5.58 miles
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Highland Village/Lewisville Lake
5.79 miles
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DFW Airport North
6.85 miles
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Farmers Branch
7.73 miles
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Grapevine-Main Street
7.79 miles
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A8-A21
7.89 miles
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Exxon
0.38 miles
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RaceTrac
0.40 miles
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Valero
0.60 miles
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7-Eleven
0.61 miles
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Murphy USA
0.84 miles
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Walmart
0.84 miles
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Exxon
0.90 miles
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Valero
1.03 miles
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QuikTrip
1.08 miles
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Exxon
1.16 miles
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Nationstar Mortgage Parking
1.66 miles
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Nationstar Mortgage Convergence Parking
1.76 miles
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Doggie's Wonderland Parking
3.50 miles
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Boat Trailer Parking
4.75 miles
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Cimarron Parking Lot
5.71 miles
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Start
6.44 miles
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The Parking Spot
6.83 miles
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DFW Airport North Station - Park and Ride
6.88 miles
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Remote North
6.97 miles
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Dove Loop Boat Ramp
7.07 miles
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Panda Express
0.31 miles
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Chick-fil-A
0.32 miles
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McDonald's
0.32 miles
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Firehouse Subs
0.32 miles
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Wendy's
0.33 miles
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Romeo's Pizza
0.34 miles
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Applebee's
0.34 miles
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Freebirds
0.36 miles
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Spring Creek Barbecue
0.37 miles
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Panera Bread
0.38 miles
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Marshalls
0.29 miles
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Ross
0.37 miles
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Target
0.46 miles
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Music City Mall Lewisville
0.64 miles
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Can's
0.76 miles
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Walmart Supercenter
0.98 miles
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Market Street Coppell
1.65 miles
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Tom Thumb
2.25 miles
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Tom Thumb 1781
2.82 miles
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Kroger
2.88 miles
Contact Listing Broker
Paul Matusik
Prime Net Lease
(714) 875-2400