Property summary
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.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning