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209 Market St
Burleson, TX 76028
AEG Vision · Office Property For Sale
Executive Summary
5-year Lease with Tenant (AEG Vision) with 3.5+ Years Remaining
3% Annual Increases | 2x3 Year Options Remaining
Corporately Guaranteed Lease | Strong Credit Tenant
Tenant’s Holding Company has Over 400+ Optometry Locations Nationwide | Surpassed 600+ OD Doctors in AEG Network in 2023 (Click here for More Information)
Backed by Riata Capital Group – Dallas Based Private Equity Firm | $2B of Capital Invested & $7B in Transaction Value
Smaller Unit Tenant | Easier to Replace (2,700 Square Feet Single Tenant)
Household Income is $102,840 in 5-Mile Radius | Significantly Above National Average
Located Off Market Street And SW Wilshire Blvd Which Sees Over 42,000 VPD
3% Annual Increases | 2x3 Year Options Remaining
Corporately Guaranteed Lease | Strong Credit Tenant
Tenant’s Holding Company has Over 400+ Optometry Locations Nationwide | Surpassed 600+ OD Doctors in AEG Network in 2023 (Click here for More Information)
Backed by Riata Capital Group – Dallas Based Private Equity Firm | $2B of Capital Invested & $7B in Transaction Value
Smaller Unit Tenant | Easier to Replace (2,700 Square Feet Single Tenant)
Household Income is $102,840 in 5-Mile Radius | Significantly Above National Average
Located Off Market Street And SW Wilshire Blvd Which Sees Over 42,000 VPD
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,873 SF
Building Class
C
Year Built
1986
Price
$865,000
Price Per SF
$223.34
Cap Rate
6.97%
NOI
$60,257
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,873 SF
Building FAR
0.24
Lot Size
0.36 AC
Parking
18 Spaces (4.65 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 126-2570-00015 | Improvements Assessment | $258,543 |
| Land Assessment | $111,020 | Total Assessment | $369,563 |
Property Taxes
Parcel Number
126-2570-00015
Land Assessment
$111,020
Improvements Assessment
$258,543
Total Assessment
$369,563
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