833 W Airport Fwy - Veterinarian/Kennel FOR SALE


Euless, TX 76040- Hurst/Euless/Bedford
$2,474,000 USD
323-609-4405
833 W Airport Fwy, Euless, TX for Sale
$2,474,000 USD
Veterinarian/Kennel - FOR SALE
1/6
null | 7% Cap Rate

833 W Airport Fwy
Euless, TX 76040
Hurst/Euless/Bedford


HIGHLIGHTS

  • MORE THAN 5 YEARS REMAINING | ANNUAL RENTAL INCREASES | REPUTABLE OPERATOR
  • EXCELLENT VISIBILITY | LOCATED OFF W AIRPORT FREEWAY | LOCATED ALONG MAJOR THOROUGHFARE
  • STRONG DEMOGRAPHICS IN 5-MILE TRADE AREA | HIGH BARRIERS TO ENTRY SUBMARKET
  • LIMITED LANDLORD RESPONSIBILITIES | LOW-MANAGEMENT

OVERVIEW

TWG is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NNN leased, freestanding, Airport Freeway Animal Emergency Hospital investment property located in Euless, Texas. The Tenant, VIP Vet, has over 5 years remaining in their initial term with 2 (two) 5-year options to extend. The lease features annual rental increases of 2%. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Veterinary Innovative Partners (VIP) is a veterinarian-owned network of animal hospitals that combines clinical autonomy with centralized support to deliver high-quality, compassionate, and innovative veterinary care.. Airport Freeway Animal Emergency Hospital is strategically located on W Airport Freeway. The site benefits from superior visibility via significant street frontage and a pylon sign situated along W Airport Freeway. It shares this busy Euless area with businesses like Popeyes, Subway, Starbucks, Metro and The Home Depot. The location benefits from the frequent street traffic of W Airport Freeway, which sees 60,288 vehicles daily. The 5-mile trade area is supported by a population of 243,059 and 110,179 daytime employees with an average household income of $120,873.

FOR SALE DETAILS

PRICE

$2,474,000 USD

PRICE/SF

$624 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Airport Freeway Animal Emergency Hospital

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,301 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brian WineTWGREMore Info
323-609-4405

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Brian WineTWGREMore Info
323-609-4405

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.