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Pearl Street Dental

Flint, Texas

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NNN Pro Group is pleased to present the exclusive listing for a Pearl Street Dental located at 17159 FM 2493 in Flint, Texas. The site consists of roughly 3,857 rentable square feet of building space on estimated 2.53-acre parcel of land. This Pearl Street Dental is subject to a 15-year absolute triple-net (NNN) lease, which commenced May 15th, 2019. The current annual rent is $125,000 and is scheduled to increase by 1.75%throughout the base term and in each of the 6, 5-year renewal options.

About the Investment:

  • Long-Term, 15-Year Absolute Triple Net (NNN) Lease
  • Approximately 11.5 Years Remaining
  • 1.75% Rental Increases Occurring Annually
  • Six (6), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 35 Years

Key Details

Cap Rate:
Annual Rent:
17159 FM 2493, Flint, Texas 75762
Property Type:
Net-Leased Dental
Lease Type:
Triple Net (NNN)

Original Lease Term:
15 Years
Lease Commencement:
May 15, 2019
Lease Expiration:
May 31, 2034
Lease Term Remaining:
11.3 Years
Rental Increases:
1.75 Annually
Lot Size:
2.53 Acres
Building Size:
3,857 SF
Year Built:
Pearl Street Dental

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Matthew Anuszkiewicz

License: 10401294046

Francis Purritano

License: 10401333619

Natalie Raum

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