For Sale
$787,000

457 Dr M Roper Pkwy Bullard, TX 75757

High-yield vet clinic, Texas.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a single-tenant, 100% occupied veterinary clinic in Bullard, Texas. The property, boasting 6,625 square feet, is situated on a 3.697-acre lot with excellent visibility, featuring approximately 210 feet of frontage on Doctor M. Roper Pkwy and 485 feet on Robert Walker Rd. The building, constructed in 2001, is a Class B, single-story structure within a C-2 zoned area. The property is part of a multi-asset portfolio and benefits from a strong, credit-rated national tenant, "Our Family Vet," under a 5-year NNN lease commencing July 1, 2024, with a 7.66% cap rate and a current NOI of $60,288. The lease includes a 2% annual rent increase. The strategic location, approximately 0.88 miles north of the FM 344 and Hwy 69 intersection, provides easy access to a high-traffic corridor serving East Texas markets. Bullard's proximity to Tyler (15 miles) and Dallas (100 miles) further enhances its appeal. This is a core investment opportunity with significant potential for long-term growth and stable income. The property's three buildings are strategically positioned to maximize functionality and efficiency. The asking price for this exceptional asset is $787,000. Further details are available upon request.

Highlights

  • Special-purpose veterinary clinic.
  • 210 feet of frontage on Doctor M. Roper Pkwy.
  • 485 feet of frontage on Robert Walker Rd.
  • NNN lease with a national credit tenant; 100% occupied.
  • Five-year lease commencing July 2024.
  • 2% annual rent increases.

Property Details for 457 Dr M Roper Pkwy

Property type
Specialty properties, Office properties
Square Feet
6,625 SF
Class
B
Year Built
2001
Buildings
3
Stories
1
Lot Size (sq. ft)
161,041 SF
Units
1

Location Insight

City
Bullard
County
Smith
State
Texas
Latitude
32.152564
Longitude
-95.315199

FAQs

What type of property is this?
Specialty property - High-yield vet clinic, Texas.
Where is the specialty property located?
The property is located at 457 Dr M Roper Pkwy Bullard, TX.
What is the asking price?
The asking price for this property is $787,000.
What are key features of this property?
This property features: Special-purpose veterinary clinic.; 210 feet of frontage on Doctor M. Roper Pkwy.; 485 feet of frontage on Robert Walker Rd.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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457 Dr M Roper Pkwy
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