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Prime Single-Tenant Net Leased Investment 10105 W Fairmont Pky 6,015 SF Retail Building La Porte, TX 77571 For Sale
Investment Highlights
- Secure Cash Flow: The property is leased to Southern Veterinary Partners, LLC
- Renewal Options: The tenant holds the right to extend the lease for two additional five-year periods
- NNN Structure
- Long-Term Lease: There are 9 years remaining on the initial lease term, which expires on September 30, 2035
- Built-in Hedging: The lease features annual rent increases of 2.0%
Executive Summary
An exceptional opportunity to acquire a fully stabilized, single-tenant veterinary clinic. This property is exclusively used for operating a veterinary hospital and features a strong corporate tenant. The site boasts a 6,000 rentable square foot building situated on a 1.5-acre lot.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
6,015 SF
Building Class
B
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.21 AC
Frontage
Amenities
- Corner Lot
- Security System
- Signalized Intersection
- Air Conditioning
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 1311750010004 | Improvements Assessment | $1,617,612 CAD |
| Land Assessment | $363,233 CAD | Total Assessment | $1,980,845 CAD |
Property Taxes
Parcel Number
1311750010004
Land Assessment
$363,233 CAD
Improvements Assessment
$1,617,612 CAD
Total Assessment
$1,980,845 CAD
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Prime Single-Tenant Net Leased Investment | 10105 W Fairmont Pky
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