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The Pet Squad 2580 FM 544 3,127 SF Retail Building Lewisville, TX 75056 $2,315,604 CAD ($740.52 CAD/SF) 6.75% Cap Rate
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
3,127 SF
Building Class
C
Year Built
2020
Price
$2,315,604 CAD
Price Per SF
$740.52 CAD
Cap Rate
6.75%
NOI
$156,385 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.77 AC
Frontage
74’ on Farm to Market Road 544
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Ametican Pup Culture
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Ametican Pup Culture | - | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R771515 | Improvements Assessment | $779,950 CAD |
| Land Assessment | $459,530 CAD | Total Assessment | $1,239,480 CAD |
PROPERTY TAXES
Parcel Number
R771515
Land Assessment
$459,530 CAD
Improvements Assessment
$779,950 CAD
Total Assessment
$1,239,480 CAD
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The Pet Squad | 2580 FM 544
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