Listed by KW Professionals, KW Commercial Houston - Professionals
$2,000,000
10105 W Fairmont Pky
Details
APN 1311750010004
Property Type Retail
Sub Type Commercial, Veterinarian/Kennel
Square Footage 6,015
Tenancy Single
Lease Type NNN
Rent Bumps Yes
Lease Options The tenant holds the right to extend the lease for two additional five-year periods
Class B
Year Built 2011
Stories 1
Acreage 1.210
Investment Type Net Lease
Retail | 6,015 SqFt
Marketing description
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.
Investment highlights
- Secure Cash Flow: The property is leased to Southern Veterinary Partners, LLC
- Long-Term Lease: There are 9 years remaining on the initial lease term, which expires on September 30, 2035
- Renewal Options: The tenant holds the right to extend the lease for two additional five-year periods
- Built-in Hedging: The lease features annual rent increases of 2.0%
- NNN Structure
Listing Contacts
Listed by KW Professionals, KW Commercial Houston - Professionals
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Zoning
NC CommercialNeighborhood CommercialNeighborhood Commercial
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