request_info_guest false
Street View
Map
3 Photos

CLEAR eye + optical

$2,290,000

2545 Northwest Loop, Stephenville, TX 76401

Active
Last Updated: 05/29/2025

6.85

Cap Rate

156,852

NOI

Details:
Cap Rate:    6.85%
NOI:    $156,852
Building Size:    5,786 sqft
Lot Area:    0.6 sqft
Lease Type:    Absolute Net
Year Built:    2019
Tenancy:    Single
Highlights:
  • 12 years remaining on absolute NNN lease with 1.75% annual rental increases
  • Lease features a personal guaranty from the company’s founder (ask Agent for more details)
  • 2019 build-to-suit construction
  • Heavily trafficked location – ranked in the top 19% of doctor and health professional offices in Texas based on annual visits (per Placer.ai)
  • Approximately 1 mile from Tarleton State University – over 18,000 students enrolled
Description:

12 years remaining on a CLEAR eye + optical lease that features 1.75% annual rental increases throughout the base term and options. The subject property is ranked in the top 19% of doctor and health professional offices in Texas based on annual visits (per Placer.ai).

Map:
Documents:
Title
ClearEyeOptical_StephenvilleTX.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery