Golden Triangle Animal Hospital Southlake, TX 76092

425 W Southlake Blvd
Southlake, TX 76092

Price: $3,800,000
Cap Rate: 5.76%
NOI: $218,780
Building Size: Approx. 5,969 Sq. Ft.
Lot Size: Approx. 1 Acres
Type: Single-Tenant / Medical
Sub Category: Veterinarian
Year Built: 1980

Investment Overview

  • 1980 Construction. 5,969+/- SF Building on 1+/- Acre Site
  • 10 Years NNN Lease with 5% (Yr 1-5), 3% (Yr 6-10) Rent Increases Annually with (2) 5-Year Options to Renew
  • High Visibility/Traffic Counts: Roughly 56,319+ VPD, Along Southlake Blvd, Boasting Retailer Footprints Among the Strongest in DFW
  • Below Market Rents: Similar STNL Properties Along Southlake Blvd are Currently Commanding Upwards of $55 psf in Base Rent
  • Seller Financing Available: The Ownership is Offering Favorable Financing Terms for Qualified Purchasers
  • Proven Medical Operator: Current Operator Has Hundreds of Locations Nationwide and Has Backed the Lease w/ a Corporate Guarantee
  • Southlake |¬† Spending Power is Amongst the Strongest in the Country¬† |¬† Population: 328,117+