3614 Long Prairie RdFlower Mound, TX 75022

This exceptional investment opportunity presents a 6,570 square foot medical office building in Flower Mound, Texas, fully occupied by Veterinary Emergency Group (VEG) under a 12-year net lease commencing May 6, 2024, and expiring May 1, 2036. The property boasts a strong 5.85% cap rate and a substantial net operating income (NOI) of $233,235. The lease includes a corporate guarantee from VEG, a leading 24/7 emergency veterinary hospital with a proven track record since 2014. The tenant enjoys significant private equity backing from Sequoia Capital. Rent is $35.50/SF, significantly below market rates, and increases annually by 2%. The property is situated in a highly affluent area, with average household incomes exceeding $172,000 within a 3-mile radius. The lease includes two 5-year renewal options, further securing the long-term investment potential. This offering presents a rare opportunity to acquire a stable, high-performing asset in a prime location with exceptional tenant credit and a favorable lease structure. The asking price is $3,986,923, representing a price per square foot of $606.84. The property is located at 3614 Long Prairie Road, Flower Mound, TX 75022. The building is 100% occupied.