Next Level Realty

18314 Fm 156 S

Justin, TX 76247

MLS#: 20365202

$2,100,000

Status: Active
Listing number: 20365202
Listing provided by: Major League Realty, Inc.
Listing agent phone: None
Last update: N/A
On site: 3 years ago
Browse Properties
Pm Smith - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1975

Sq.Footage

1,846

4.62 acres with road frontage on FM 156 S in Justin, TX (Denton County). Excellent visibility. Value is in the land. Currently zoned residential. Property in Fort Worth ETJ, Buyers and buyers agent to verify the possibility and consequences of zoning changes. Buyers and buyers agent to verify all MLS info.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Central, Natural Gas, Propane

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Covered

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    4.624

  • Lot Size(square feet)

    201,421

  • Property Type

    Commercial Sale

  • Property Sub Type

    Unimproved Land

Price

  • Sales Price

    $2,100,000

  • Tax Amount

    $2,149

  • Zoning

    res

  • Sq. Footage

    1,846

  • Price/SqFt

    $1,137

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Foundation Details

    Slab

  • Sewer

    Septic Tank

  • Water Source

    Well

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Location

County

Denton

Elementary School

Middle School

High School

Listing Courtesy of Janet Strader, Major League Realty, Inc.

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Agent Joe Boston

AGENT

Joe Boston

Call Joe today to schedule a private showing.

(817) 881-7100

joesrentalprops@gmail.com


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4.62 acres with road frontage on FM 156 S in Justin, TX (Denton County). Excellent visibility. Value is in the land. Currently zoned residential. Property in Fort Worth ETJ, Buyers and buyers agent to verify the possibility and consequences of zoning changes. Buyers and buyers agent to verify all MLS info.

18314 Fm 156 S

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Related Properties

Executive Summary The property offered for sale consists of a modern, fully leased, single tenant building located on 2.0 acres of level and maintained land in the “golden triangle of growth” for north central Texas. The facility is currently utilized as a state-of-the-art veterinary clinic serving Denton County. It is situated on a direct access to highly trafficked Farm to Market Road 156 in Justin, Texas in Denton County. The 6,000 square foot (subject to verification) building was constructed in 2022 and includes concrete parking and highway (FM 156) ingress and egress. The construction is wood and masonry with asphalt shingle roofing. The property was constructed in accordance with applicable municipal codes and restrictions. The property is served by an on-site water well and filtration system and sewer waste water is served by on-site aerobic septic processing. The spray field for the aerobic septic is incorporated on the dedicated area of the land site in accordance with municipal guidelines. Taxation is controlled by Northwest Independent School District, Denton County, and the city of Justin, Texas. Lease Details The property is 100% leased to Western Veterinary Partners, LLC a Delaware Limited Liability Company (“WVP”). WVP is a controlling entity for ownership in multiple veterinary clinics throughout Texas and other states. The lease agreement is a triple net (NNN) lease. The primary lease term is ten (10) years with stated monthly rental rates for all ten (10) years. The lease agreement provides for annual increases in rent of three percent (3%) per year for each successive year after year one of the primary lease term and each year of the renewal term(s). The lease agreement contains two (2) five (5) year renewal terms at fixed monthly rental rates. A copy of the lease will be provided upon contract for sale for the due diligence process. Mineral Interests ALL OWNED MINERAL INTERESTS IN THE PROPERTY WILL BE RETAINED BY THE SELLER.
#21402420

Justin

9849 Fm-156

None Beds

None Baths

5,242 Sq.Ft.

$2,500,000

MLS#: 21402420

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