Pointe 183 Animal Hospital - Leander, TX — Sale in Leander, TX

  • Price: $4.4M
  • Listing type: For sale
  • Asset type: Business
  • Location: Leander, TX 78641
  • Year built: 2025

Investment Figures

Cap rate
6.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire the fee-simple interest in a freestanding single-tenant Pointe 183 Animal Hospital (the "Property" or "Asset") located at 10861 183A Toll Rd, Ste 410 in Leander, TX. At close of escrow, the Tenant will execute a new 20-year lease on an absolute NNN structure with 3.00% annual rent increases. With brand new construction in 2025, the Asset comprises 5,816 SF and sits on a 1.05-acre parcel. The Property operates as a comprehensive animal hospital and urgent care facility under the Pointe 183 brand. The animal hospital provides full-service pet care options including wellness care, diagnostic testing, dentistry, urgent care and surgery services. The facility is strategically positioned to serve as a trusted “one-stop-shop”, delivering integrated veterinary care and specialized treatment plans for pets in the growing Leander submarket with high-quality integrated pet care services. The Property is 100% leased to Pointe 183 Animal Hospital PLLC ("Tenant"), a brand-new business supported by the BRYCG Vet Alliance. BRYCG is a veterinary management and development company dedicated to successful veterinary operations and the growth of both professionals and medical services. Pointe 183 serves pet families through their comprehensive care model with three dedicated Doctors of Veterinary Medicine. This location represents a significant investment by Pointe 183, demonstrating the Tenant's long-term commitment to the Property through a recently executed 15-year lease earlier this year along with the brand-new construction facility. The Property is strategically positioned in Leander with excellent visibility and access, located approximately 29 miles from downtown Austin with convenient connection to 183A Toll Rd (60,000+ vehicles per day). The retail trade area is exceptionally dense with 1.4 million square feet of retail space within a three-mile radius, including proximity to the Shops

Market Context

This commercial property in Leander, TX is listed for sale at $4,430,000. It is offered at an approximate 6.5% capitalization rate, a key benchmark for income-producing commercial property assets. The building dates to 2025. It has been on the market for 83 days. Compare it against other commercial property listings for sale in Leander, TX — view the full market.

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