PetSuites

For Sale

490 Oakbend Dr., Lewisville, TX 75067

This Lewisville property for sale is located at 490 Oakbend Dr.. The current listed sale price for PetSuites is $7,393,773. PetSuites is situated on a lot that is 1.98 acre in size.

Contacts

broker

Paul Matusik

Prime Net Lease

(714) 875-2400

Property Details

  • Property Type Retail - Freestanding
  • Property Size 15,784 SF
  • Lot Size 1.98 Acre
  • Year Built 2021
  • Date Updated Jan 30, 2024
When the stress of big city life becomes overwhelming, residents of the Dallas-Fort Worth area know there is a relaxing place just up the road where they can get away and play. Conveniently located ten minutes north of DFW Airport along Interstate 35, Lewisville offers family-friendly attractions, inviting hotels, fun-filled outdoor areas, and the historic charm of Old Town Lewisville. Browse the specialty shops, grab a bite to eat at one of several themed restaurants, commune with nature in Wayne Ferguson Plaza, sample wine and spirits at the winery and distillery, and catch a performance at a local theater. In fact, the Greater Lewisville Community Theatre operates out of the oldest building in Lewisville, built in 1885. When it comes to having fun in town, Lewisville Lake is at the top of the list. With 233 miles of shoreline, you will find the right spot to launch your ideal outdoor adventure. From fi shing for bass at the Lewisville Fishing Barge and exploring the urban wilderness at LLELA, to having a picnic at Lewisville Lake Park and swimming at Sneaky Pete’s, this area offers something for everybody. 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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Highlights

  • LONG TERM LEASE - The subject property has close to 18 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 and 41,466 Vehicles Per Day on S Stemmons Fwy.
  • OUTSTANDING DEMOGRAPHICS - There are nearly 250,000 residents within a 5-mile radius of the property, with an average household income upwards of $115,000 annually.
  • BRAND NEW CONSTRUCTION - The building's built-to-suit construction was completed in October 2021.
  • 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.)

Attachments

Getting around

  • 55/100

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  • 51/100

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Location

  • City Lewisville, TX
  • Neighborhood Rockbrook Village
  • Zip Code 75067
  • Market Dallas Fort Worth

Points of Interest

  • Hebron

    1.16 miles

  • Old Town

    2.64 miles

  • North Carrollton/Frankford

    2.70 miles

  • Trinity Mills

    3.61 miles

  • Downtown Carrollton

    5.58 miles

  • Highland Village/Lewisville Lake

    5.79 miles

  • DFW Airport North

    6.85 miles

  • Farmers Branch

    7.73 miles

  • Grapevine-Main Street

    7.79 miles

  • A8-A21

    7.89 miles

  • Exxon

    0.38 miles

  • RaceTrac

    0.40 miles

  • Valero

    0.60 miles

  • 7-Eleven

    0.61 miles

  • Murphy USA

    0.84 miles

  • Walmart

    0.84 miles

  • Exxon

    0.90 miles

  • Valero

    1.03 miles

  • QuikTrip

    1.08 miles

  • Exxon

    1.16 miles

  • Nationstar Mortgage Parking

    1.66 miles

  • Nationstar Mortgage Convergence Parking

    1.76 miles

  • Doggie's Wonderland Parking

    3.50 miles

  • Boat Trailer Parking

    4.75 miles

  • Cimarron Parking Lot

    5.71 miles

  • Start

    6.44 miles

  • The Parking Spot

    6.83 miles

  • DFW Airport North Station - Park and Ride

    6.88 miles

  • Remote North

    6.97 miles

  • Dove Loop Boat Ramp

    7.07 miles

  • Panda Express

    0.31 miles

  • Chick-fil-A

    0.32 miles

  • McDonald's

    0.32 miles

  • Firehouse Subs

    0.32 miles

  • Wendy's

    0.33 miles

  • Romeo's Pizza

    0.34 miles

  • Applebee's

    0.34 miles

  • Freebirds

    0.36 miles

  • Spring Creek Barbecue

    0.37 miles

  • Panera Bread

    0.38 miles

  • Marshalls

    0.29 miles

  • Ross

    0.37 miles

  • Target

    0.46 miles

  • Music City Mall Lewisville

    0.64 miles

  • Can's

    0.76 miles

  • Walmart Supercenter

    0.98 miles

  • Market Street Coppell

    1.65 miles

  • Tom Thumb

    2.25 miles

  • Tom Thumb 1781

    2.82 miles

  • Kroger

    2.88 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Paul Matusik

Prime Net Lease

(714) 875-2400