Bullard, TX 75757,457 N Doctor M Roper Parkway

$787,000

Est. payment /mo
Est.Price: ?

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457 N Doctor M Roper Parkway Bullard, TX 75757

3.7 Acres Lot

SOLD DATE : 12/24/2024

Key Details

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Subdivision Na

MLS Listing ID 20690715

Sold Date 12/24/24

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%.

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

Garage No

Building

Lot Description Interior Lot

Foundation Slab

Structure Type Siding

Others

Ownership ALEXANDER PROPERTY MANAGEMENT LLC

Financing Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Matthew Marshall • Drake Real Estate & Investment
Bought with Non-Mls Member • NON MLS
agent

Levi Adler

Agent | License ID: 657606

+1(682) 239-0186

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