7 Year Lease with Annual Rent Increases - The Pet Squad has executed a 7-Year lease with built-in 3% Annual rent escalations, offering durable, inflation-protected income backed by an essential services tenant.
Premium Pet Services Tenant in Explosive Growth Category - The Pet Squad offers high-demand pet grooming, daycare, and boarding services within the booming $145+ billion pet care industry. With a business model built on recurring revenue and rising per-pet spending, the tenant is well-positioned in a resilient and fast-growing sector.
Affluent and Dense Residential Trade Area - Located in the rapidly expanding Castle Hills/Lewisville submarket, the property benefits from over 100,000 residents within a 3-mile radius and median household incomes exceeding $170,714, supporting strong demand for premium pet care and lifestyle services.
High Visibility Along FM 544 with Steady Traffic Flow - Positioned on FM 544, traffic counts exceed 17,000 a major east-west corridor with local connectivity.
Pet Industry Spending Surging Nationwide - Driven by rising pet ownership and consumer spending, the pet industry continues to outperform traditional retail categories. Service-based businesses like The Pet Squad are less vulnerable to e-commerce disruption and enjoy strong customer retention.
Service-Based, Needs-Driven Use With High Repeat Frequency - Grooming, daycare, and boarding needs are recurring in nature, creating a sticky customer base and making this an ideal tenant profile for long-term investment stability.