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3614 Long Prairie Rd
Flower Mound, TX 75022

$3,986,923 USD

Medical For Sale  •  6,570 SF

Property Details

• Property Type Medical
• Total Building Size 6,570 SF
• Lot Size 0.96 AC
• Building Class C
• Year Built 2001
• Cap Rate 5.85 %
• Tenancy Single
• Zoning R1, Flower Mound

0 Transit Score

78 Walk Score

Highlights

Veterinary Emergency Group is a 24/7/365 Emergency Veterinary Hospital That Has Been Serving Communities and Pets Alike Since 2014;

Premier Private Equity Backing: Sequoia Capital, a Trail Blazing PE Firm With Early Investments in YouTube, Apple, Instagram, Google Etc.

12-Year Lease Opposed to the 10-Year Lease Signed at Most Sites

2% Annual Bumps (VEG Sites Typically Have 10% Bumps Every 5 Years or 10% Bumps Every 6 Years on Their 12-Year Sites)

Affluent Area: AHHI Exceeds $172K in Both the 1 and 3-Mile Radius & $155K in the 5-Mile

Full Corporate Guarantee (94-Units W/ 129 Leases Executed)

Cap Rate:

5.85 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Veterinary Emergency Group	6,570 SF	5/1/2036

Amenities

• Security System
• Signage
• Reception
• Central Heating
• Fully Carpeted
• Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Old Town Station (A-train - Denton County Transportation Authority)	11 min	-	5.7 mi
Highland Village/Lewisville Lake Station (A-train - Denton County Transportation Authority)	12 min	-	6.8 mi
Airport	Drive	Walk	Distance
Dallas-Fort Worth International	17 min	-	11.3 mi
Dallas Love Field	36 min	-	24.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	48
Type:	Surface
Included in Rent:	Yes