$787,000
457 N Doctor M Roper Parkway Bullard, TX 75757
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$787,000
Est. payment /mo
3.7 Acres Lot
UPDATED:
10/21/2024 02:50 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active Option Contract
Purchase Type For Sale
Subdivision Na
MLS Listing ID 20690715
Total Fin. Sqft 6625
Year Built 2001
Lot Size 3.697 Acres
Acres 3.697
Property Description
Investment Opportunity - Veterinarian Multi-Asset Portfolio.
This property is one of the two assets included in this investment package offered at $1,400,000. See the additional asset located at
37252 US Hwy 69 N, Jacksonville, TX. Contact agent for more details.
Property sits on the west side of Doctor M. Roper Pkwy in Bullard, TX. West boundary fronts Robert Walker Rd. Two curb-cuts on Doctor M. Roper Pkwy and frontage on Robert Walker Rod. Located approximately 0.88 miles to the north of FM 344 and Hwy 69 intersection. Bullard is 15 miles south of Tyler, and 100 miles southeast of Dallas. Hwy 69 is a high traffic corridor for surrounding East Texas markets.
Highlights:
• Special purpose - Vet Clinic.
• Approximately 210' frontage on Doctor M. Roper Pkwy.
• Approximately 485' frontage on Robert Walker Rd.
• Lease type NNN - 100% leased - National Credit Tenant.
• Lease term 5 years, commenced July 2024.
• 2% yearly increases to base rent.
• NOI: $60,287.50. CAP: 7.66%.
This property is one of the two assets included in this investment package offered at $1,400,000. See the additional asset located at
37252 US Hwy 69 N, Jacksonville, TX. Contact agent for more details.
Property sits on the west side of Doctor M. Roper Pkwy in Bullard, TX. West boundary fronts Robert Walker Rd. Two curb-cuts on Doctor M. Roper Pkwy and frontage on Robert Walker Rod. Located approximately 0.88 miles to the north of FM 344 and Hwy 69 intersection. Bullard is 15 miles south of Tyler, and 100 miles southeast of Dallas. Hwy 69 is a high traffic corridor for surrounding East Texas markets.
Highlights:
• Special purpose - Vet Clinic.
• Approximately 210' frontage on Doctor M. Roper Pkwy.
• Approximately 485' frontage on Robert Walker Rd.
• Lease type NNN - 100% leased - National Credit Tenant.
• Lease term 5 years, commenced July 2024.
• 2% yearly increases to base rent.
• NOI: $60,287.50. CAP: 7.66%.
Location
State TX
County Smith
Zoning C-2
Direction From the intersection of Toll 49 and Hwy 69 S. in Tyler, head south on Hwy 69. Property will be on the right in about 6.25 miles.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile
Heat Source Central, Electric
Exterior
Utilities Available Electricity Connected
Roof Type Metal
Parking Type Off Street, On Site, Parking Lot
Garage No
Building
Lot Description Interior Lot
Foundation Slab
Structure Type Siding
Others
Ownership ALEXANDER PROPERTY MANAGEMENT LLC
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Listed by Matthew Marshall • Drake Real Estate & Investment
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