PetSuites

13460 Midway Road , Farmers Branch, TX 75244

  • For Sale $7,136,434.78
  • Property Type Retail - Freestanding
  • Property Size 15,633 SF
  • Lot Size 1.05 Acre
  • Property Tenancy Single Tenant
  • Year Built 1974
  • Year Renovated 2022
  • Date Updated Apr 12, 2024
Farmers Branch, Texas is the picture-perfect place to live, work, and play. Farmers Branch is home to more than 4,000 companies and more than 250 corporate headquarters, including BSN Sports LLC, TD Industries Inc., Scout and Cellar, Iidon Security, Taco Bueno, SoftLayer Technologies, Brinks and Copart. Farmers Branch is a dynamic powerhouse business center in North Dallas, centrally located in the Metroplex. The City is bordered by two interstate highways and two toll roads and is less than 15 minutes from both Dallas/Fort Worth International Airport and Dallas Love Field. Added to that is the Dallas Area Rapid Transit's Light Rail Green Line that further solidifies Farmers Branch's reputation as a premier transportation hub for North Texas. It' an extraordinary community with a small-town feel and big-city convenience. The City's safe neighborhoods, 28 parks, state-of-the-art recreational facilities, and world-class businesses make Farmers Branch a great place to work or play. Dallas, a modern metropolis in north Texas, is a commercial and cultural hub of the region. The Dallas-Forth Worth MSA has one of the largest concentrations of corporate headquarters for publicly traded companies in the United States. Dallas will remain a top destination for corporate relocations due to its business-friendly environment. Twenty-two Fortune 500 companies are headquartered in the metro, making it the third largest concentration in the nation. Outdoor activities abound in Dallas as a result of the city’s favorable location and climate. With seven major league sport teams, rodeo, NASCAR and marathons, the adrenaline is year-round. Dallas has been named one of the top 3 Sports Town in the nation by Sports Illustrated. In addition to its large number of sport related activities, Dallas has more shopping centers per capita than any other city in the United States. Dallas is the third most popular destination for business travel in the United States, and the Kay Bailey Hutchison Convention Center is one of the largest and busiest convention centers in the country, at over 1,000,000 square feet and the world's single-largest column-free exhibit hall.

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Attachments

Highlights

  • LONG TERM LEASE - The subject property has close to 19 years remaining on the initial term of an Absolute NNN Lease.
  • ZERO LANDLORD RESPONSIBILITIES - Absolute NNN Lease. Ideal for Investors not Local to the Market or looking for a "hands o?" investment. Tenant responsible for all taxes, insurance, and maintenance including roof, structure, and parking lot.
  • RENTAL INCREASES - 10% Rental increases every 5 years throughout the base term and option periods give the investor the ability to hedge against inflation.
  • EXCELLENT VISIBILITY/TRAFFIC COUNTS - Site is visible from Interstate 35 with 176,049 Vehicles Per Day.
  • OUTSTANDING DEMOGRAPHICS - There are over 350,000 residents within a 5-mile radius of the property, with an average household income upwards of $105,000 annually.
  • BRAND NEW CONSTRUCTION - The building's built-to-suit construction was completed in August 2022.
  • STRONG CORPORATE GUARANTOR - The lease is corporately guaranteed by National Veterinary Associates (NVA) Inc. (1,100 veterinary clinic operator), which is owned by JAB Holdings, CO, a billion dollar company owned by the Reimann family. (One of the wealthiest families in the world.)

Contacts

broker

Paul Matusik

Prime Net Lease

(714) 875-2400

Location

Getting Around

  • Walk Score ®

    51/100 Somewhat Walkable

  • Transit Score ®

    27/100 Some Transit

  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Farmers Branch, TX
  • Neighborhood Farmers Branch
  • Zip Code 75244
  • Market Dallas Fort Worth

Points of Interest

  • Farmers Branch

    3.42 miles

  • Royal Lane

    3.80 miles

  • Walnut Hill/Denton

    4.32 miles

  • Downtown Carrollton

    4.35 miles

  • Forest Lane

    4.69 miles

  • LBJ/Central

    5.10 miles

  • Walnut Hill

    5.45 miles

  • Bachman

    5.84 miles

  • Spring Valley

    5.91 miles

  • Trinity Mills

    6.14 miles

  • Exxon

    0.38 miles

  • Chevron

    0.49 miles

  • Sam's Club

    0.56 miles

  • Exxon

    1.14 miles

  • Valero

    1.50 miles

  • Exxon

    1.51 miles

  • Chevron

    1.55 miles

  • Shell

    1.60 miles

  • 7-Eleven

    1.63 miles

  • Exxon

    1.75 miles

  • Orange Garage

    1.04 miles

  • Blue Garage

    1.14 miles

  • Yellow Garage

    1.18 miles

  • Marriott Parking Garage

    1.54 miles

  • Parking Garage

    5.20 miles

  • visitor parking

    5.32 miles

  • Walnut Station Parking

    5.38 miles

  • Walnut Glen Parking Garage

    5.49 miles

  • Lot V

    6.02 miles

  • Valet Parking

    6.13 miles

  • Luby's

    0.13 miles

  • Wendy's

    0.41 miles

  • Schlotzsky's

    0.42 miles

  • Taco Bell

    0.42 miles

  • In-N-Out Burger

    0.52 miles

  • Saltgrass Steak House

    0.54 miles

  • Chick-fil-A

    0.60 miles

  • Chipotle

    0.70 miles

  • Potbelly Sandwiches

    0.71 miles

  • Paradise Bakery & Café

    1.04 miles

  • Walmart Supercenter

    0.69 miles

  • Tom Thumb

    1.00 miles

  • Belk

    1.06 miles

  • Galleria Dallas

    1.10 miles

  • Nordstrom

    1.10 miles

  • American Freight

    1.14 miles

  • Macy's

    1.16 miles

  • Super Target

    1.47 miles

  • Ross

    1.50 miles

  • Kroger

    1.55 miles

Frequently Asked Questions

What is the lease rate for PetSuites?

Rental asking rate at PetSuites is $3,568,217.39/YR.

What is the total square footage of PetSuites?

PetSuites totals 15,633 square feet.

When was this property built?

PetSuites was built in 1974.

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Contact Listing Broker

broker

Paul Matusik

Prime Net Lease

(714) 875-2400