Petsense

5615 Rufe Snow Drive - North Richland Hills (Fort Worth) TX 76180

LTV (Loan to Value) 65.00% Current NOI $119,812.00
Interest Rate 4.250% Capital Rate 6.750%
Fixed Term 10 Years Land Area 0.91 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $1,153,750.00 Property Type Retail
Payment $6,250.30 Property Lease Pet Supplies
Bulding Size 8,558 SF Remaining Terms

Location Description

NNN Lenders is pleased to offer for sale to qualified investors a retail property 100% leased to Petsense located at 5615 Rufe Snow Drive, North Richland Hills, Texas.

Highlights

Brand New 10-Year Lease - Ten (10) year primary term with two (2), five (5) year renewal options.NNN Lease -…

Property Description

North Richland Hills, Texas is a city in Tarrant County and a suburb of Fort Worth. The population was 63,343 at the 2010 census, making it the third largest city in Tarrant County. In 2006, North Richland Hills was selected as one of the “Top 100 Best Places to live in America” according to Money magazine. North Richland Hills has 720 acres of park land, 19 miles of paved hike and bike trails, the award winning NRH2O Family Water Park, the Richland Tennis Center and the new NRH Centre that includes state of the art fitness equipment and indoor aquatics. The City is also the proud owner of Iron Horse Golf Course, the Fort Worth Star-Telegram’s eight-time choice for best public golf course.