Investment Property Available- PetSuites Cy-Fair Houston, TX

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Lease Highlights: 

  • Rent Commenced: When the store opened, September 13, 2018 First Lease Term:   20 Years 
  • Renewal Lease Term: Five- Five-year Options
  • Rent Increases: 10% Increases every five years 
  • Lease Type: NNN
  • Seller includes a 1 yr. warranty

Tenant Information: 

  • PetSuites of America, LLC  operates a total of 35 pet resorts across 14 states.  Of the 35 pet resorts, 13 were developed as the PetSuites Pet Resort & Spa brand and are located across the states of Ohio Kentucky, Indiana, Georgia, and North Carolina.   The other 22 pet resorts were acquisitions of other pet resorts.  
  • PetSuites Pet Resort & Spa is a pet hotel and resort facility that provides canine and feline services including daycare, overnight, and extended stay boarding.  PetSuites also provides exercise and recreation and full service pet bathing and grooming. 
  • PetSuites of America, LLC is a wholly owned subsidiary of National Veterinary Associates (NVA™).  NVA is the largest private owner of freestanding veterinary hospitals in the United States. NVA operates 505 companion animal veterinary hospitals and boarding facilities in United States, Canada, Australia, and New Zealand. 
  • Address: 13010 Wortham Center Dr, Houston, TX 77065, USA 
  • County: Harris County  
  • Category: Retail 
  • Property Type: Retail 
  • CAP Rate: 6.4% 
  • Building Size: 14,240 SF 
  • Sale Price: $5,565,402 
Jackie Slaght
  • Jackie Slaght
Title:
Director of Communications
Email:
jslaght@hsabh.com
Phone Number:
513-932-6010
Cell Phone:
513-304-4132
Image of Real Estate Agent #13
  • Michael T. Schueler
Title:
Chairman and CEO
Email:
mschueler@hsabh.com
Phone Number:
513-932-6010
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All information furnished is from sources deemed reliable and is subject to errors, omissions and changes prior to sale as withdrawal without notice.