PetSuites

490 Oakbend Dr., Lewisville, TX 75067

  • For Sale $7,393,773
  • Property Type Retail - Freestanding
  • Property Size 15,784 SF
  • Lot Size 1.98 Acre
  • Additional Rent Contact for pricing
  • Year Built 2021
  • Date Updated Oct 29, 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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Attachments

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.)

Contacts

broker

Paul Matusik

Prime Net Lease

Location

Getting Around

  • Walk Score ®

    52/100 Somewhat Walkable
  • Bike Score ®

    51/100 Bikeable
Powered by Walk Score ®
  • 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 Station

    2.70 miles

  • Trinity Mills

    3.61 miles

  • Trinity Mills Station

    3.62 miles

  • Carrollton Train Depot

    5.56 miles

  • Downtown Carrollton Station

    5.58 miles

  • Highland Village/Lewisville Lake

    5.79 miles

  • DFW Airport North

    6.85 miles

  • Farmers Branch

    7.73 miles

  • Exxon

    0.38 miles

  • RaceTrac

    0.40 miles

  • Universal EV

    0.53 miles

  • Valero

    0.60 miles

  • 7-Eleven

    0.61 miles

  • Texaco

    0.66 miles

  • Chevron

    0.83 miles

  • Murphy USA

    0.84 miles

  • Walmart

    0.84 miles

  • Conoco

    0.85 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

    6.89 miles

  • FreedomPark

    6.89 miles

  • DFW North Cell Phone Lot

    6.93 miles

  • Outback Steakhouse

    0.07 miles

  • Denny's

    0.14 miles

  • IHOP

    0.29 miles

  • Panda Express

    0.31 miles

  • Chick-fil-A

    0.31 miles

  • McDonald's

    0.32 miles

  • Firehouse Subs

    0.32 miles

  • Wendy's

    0.33 miles

  • Applebee's

    0.34 miles

  • Taco Cabana

    0.35 miles

  • Dollar General Market

    0.14 miles

  • Marshalls

    0.29 miles

  • Target

    0.46 miles

  • Ross

    0.49 miles

  • Music City Mall Lewisville

    0.64 miles

  • Dollar Pointe

    0.87 miles

  • D&M Mini Mart

    0.88 miles

  • Walmart Supercenter

    0.98 miles

  • Indopak Super Market

    1.18 miles

  • Yangon Grocery Store

    1.57 miles

Frequently Asked Questions

How much does PetSuites cost?

The space currently listed for sale at PetSuites asks for $7,393,773.

What is the total square footage of PetSuites?

PetSuites totals 15,784 square feet.

When was this property built?

PetSuites was built in 2021.

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Contact Listing Broker

broker

Paul Matusik

Prime Net Lease