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13460 Midway Rd
Farmers Branch, TX 75244 Farmers Branch

$7,136,434 USD

Freestanding For Sale  •  15,633 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 15,633 SF
  • Lot Size 1.05 AC
  • Building Class C
  • Year Built 1974
  • Cap Rate 4.60 %
  • Tenancy Single
  • Zoning LI
30 Transit Score
60 Walk Score

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.
RENTAL INCREASES - 10% Rental increases every 5 years throughout the base term and option periods.
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.
STRONG CORPORATE GUARANTOR - The lease is corporately guaranteed by National Veterinary Associates (NVA) Inc. (1,100 veterinary clinic operator).

Property Flyers

Cap Rate: 4.60 %

Public Transportation

Commuter RailDriveWalkDistance
Trinity Mills Station (Green Line - Dallas Area Rapid Transit (DART)) 13 min - 9.6 mi
AirportDriveWalkDistance
Dallas Love Field 17 min - 10.4 mi
Dallas-Fort Worth International 23 min - 17.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 26
Type: Surface
Included in Rent: Yes
Paul Matusik 714-875-2400 Prime Net Lease
Paul Matusik 714-875-2400 Prime Net Lease