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The Pet Squad 2580 FM 544 3,127 SF Retail Building Lewisville, TX 75056 $1,690,000 ($540.45/SF) 6.75% Cap Rate
Executive Summary
7 Year Lease with Annual Rent Increases - The Pet Squad has executed a 7-Year lease with built-in 3% Annual rent escalations, offering durable, inflation-protected income backed by an essential services tenant.
Premium Pet Services Tenant in Explosive Growth Category - The Pet Squad offers high-demand pet grooming, daycare, and boarding services within the booming $145+ billion pet care industry. With a business model built on recurring revenue and rising per-pet spending, the tenant is well-positioned in a resilient and fast-growing sector.
Affluent and Dense Residential Trade Area - Located in the rapidly expanding Castle Hills/Lewisville submarket, the property benefits from over 100,000 residents within a 3-mile radius and median household incomes exceeding $170,714, supporting strong demand for premium pet care and lifestyle services.
High Visibility Along FM 544 with Steady Traffic Flow - Positioned on FM 544, traffic counts exceed 17,000 a major east-west corridor with local connectivity.
Pet Industry Spending Surging Nationwide - Driven by rising pet ownership and consumer spending, the pet industry continues to outperform traditional retail categories. Service-based businesses like The Pet Squad are less vulnerable to e-commerce disruption and enjoy strong customer retention.
Service-Based, Needs-Driven Use With High Repeat Frequency - Grooming, daycare, and boarding needs are recurring in nature, creating a sticky customer base and making this an ideal tenant profile for long-term investment stability.
Premium Pet Services Tenant in Explosive Growth Category - The Pet Squad offers high-demand pet grooming, daycare, and boarding services within the booming $145+ billion pet care industry. With a business model built on recurring revenue and rising per-pet spending, the tenant is well-positioned in a resilient and fast-growing sector.
Affluent and Dense Residential Trade Area - Located in the rapidly expanding Castle Hills/Lewisville submarket, the property benefits from over 100,000 residents within a 3-mile radius and median household incomes exceeding $170,714, supporting strong demand for premium pet care and lifestyle services.
High Visibility Along FM 544 with Steady Traffic Flow - Positioned on FM 544, traffic counts exceed 17,000 a major east-west corridor with local connectivity.
Pet Industry Spending Surging Nationwide - Driven by rising pet ownership and consumer spending, the pet industry continues to outperform traditional retail categories. Service-based businesses like The Pet Squad are less vulnerable to e-commerce disruption and enjoy strong customer retention.
Service-Based, Needs-Driven Use With High Repeat Frequency - Grooming, daycare, and boarding needs are recurring in nature, creating a sticky customer base and making this an ideal tenant profile for long-term investment stability.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
3,127 SF
Building Class
C
Year Built
2020
Price
$1,690,000
Price Per SF
$540.45
Cap Rate
6.75%
NOI
$114,135
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.77 AC
Frontage
74’ on Farm to Market Road 544
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Ametican Pup Culture
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Ametican Pup Culture | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | R771515 | Improvements Assessment | $566,330 |
| Land Assessment | $333,670 | Total Assessment | $900,000 |
Property Taxes
Parcel Number
R771515
Land Assessment
$333,670
Improvements Assessment
$566,330
Total Assessment
$900,000
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The Pet Squad | 2580 FM 544
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