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Single-Tenant Office Medical

Banfield Pet Hospital

1695 S State Hwy 121, Lewisville, TX 75067

Listing Price: $2,600,000

Cap Rate
6.79%
Tenant Name
Medical Management International, Inc.
Years Remaining On Lease
4.2
Gross SF
6,152
Guarantor
Corporate Guarantee
Rentable SF
6,152
Price/Gross SF
$422.63
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$28.71

Investment Overview

The subject property is freestanding Banfield Pet Hospital in Lewisville, Texas. The building is approximately 6,152 square feet situated on .86 Acres. It has great access and visibility on Highway 121. There is five years remaining on an initial 10-year lease with 2 percent annual increases.

Investment Highlights

  • Dense Population of 106,407 Within a Three-Mile Radius
  • 2% Annual Increases During Primary Terms and Options
  • Average Income Within a Five-Mile Radius is $125,489

Exclusively Listed By

Financing By

Single-Tenant Office Medical

Banfield Pet Hospital

Listing Price: $2,600,000

Cap Rate
6.79%
Tenant Name
Medical Management International, Inc.
Years Remaining On Lease
4.2
Gross SF
6,152
Guarantor
Corporate Guarantee
Rentable SF
6,152
Price/Gross SF
$422.63
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$28.71

Investment Highlights

  • Dense Population of 106,407 Within a Three-Mile Radius
  • 2% Annual Increases During Primary Terms and Options
  • Average Income Within a Five-Mile Radius is $125,489

Investment Overview

The subject property is freestanding Banfield Pet Hospital in Lewisville, Texas. The building is approximately 6,152 square feet situated on .86 Acres. It has great access and visibility on Highway 121. There is five years remaining on an initial 10-year lease with 2 percent annual increases.

Exclusively Listed By

Financing By

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