457 Dr M Roper Pkwy Bullard, TX 75757
- Specialty properties
- 6,625 SF
- 3.70 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 457 Dr M Roper Pkwy
- Year built
- 2001
- Lot size
- 3.70 lot acres
- Property size
- 6,625 SF
- Property type
- Specialty properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a single-tenant, 100% occupied veterinary clinic in Bullard, Texas. The property, boasting 6,625 square feet, is situated on a 3.697-acre lot with excellent visibility, featuring approximately 210 feet of frontage on Doctor M. Roper Pkwy and 485 feet on Robert Walker Rd. The building, constructed in 2001, is a Class B, single-story structure within a C-2 zoned area. The property is part of a multi-asset portfolio and benefits from a strong, credit-rated national tenant, "Our Family Vet," under a 5-year NNN lease commencing July 1, 2024, with a 7.66% cap rate and a current NOI of $60,288. The lease includes a 2% annual rent increase. The strategic location, approximately 0.88 miles north of the FM 344 and Hwy 69 intersection, provides easy access to a high-traffic corridor serving East Texas markets. Bullard's proximity to Tyler (15 miles) and Dallas (100 miles) further enhances its appeal. This is a core investment opportunity with significant potential for long-term growth and stable income. The property's three buildings are strategically positioned to maximize functionality and efficiency. The asking price for this exceptional asset is $787,000. Further details are available upon request.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bullard
- County
- Smith
- State
- Texas
- Longitude
- -95.3152
- Latitude
- 32.1526
