Matthews Logo

Navigation Menu

15820 Mueschke Road, Cypress, TX, 77433

Cypress Fairhaven Animal Hospital

$8,373,268

Key Information

Cap Rate
6.5%
Tot. SF
23,300
Lot Size
0.94 Acres
Year Built
2000
Term Remaining
± 12 Years
Type
Healthcare
NOI
$544,262

Highlights

NNN Lease Structure
• Southern Veterinary Partners operates under a 15-year NNN lease, providing a net-leased investment structure backed by a national veterinary operator.

2% Annual Rental Increases
• The lease includes 2% annual rent increases, providing contractual income growth throughout the lease term.

Attractive Current Yield
• The property is offered at $8,373,268, representing a 6.50% cap rate on approximately $544,262 of annual NOI.

Modern Veterinary Facility
• Built in 2021, the ±23,300-square-foot veterinary facility offers a established veterinary facility and is situated on ±0.94 acres.

Two Renewal Options
• The lease includes two, five-year renewal options, providing the tenant with the ability to extend occupancy beyond the initial lease term.

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204