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2302 Sam Rayburn Hwy Melissa, TX 75454

For Sale
$2,700,961

6,938 SF, 100% Leased Medical Building

Property size:
6,938 SF

Description

Added:
Dec 20, 2024
Days on Market:
356
This exceptional 6,938 square foot medical office building in Melissa, TX, presents a compelling investment opportunity. The property boasts a 100% occupancy rate with two strong tenants: Melissa Dental & Orthodontics (part of the 700+ location MB2 Dental network), operating under a new 15-year NNN lease, and Goldfish Pediatrics & Urgent Care, also on a NNN lease. The weighted average lease term exceeds 11 years, providing stable, long-term cash flow. Located on Sam Rayburn Highway, the property benefits from high visibility and accessibility in a rapidly growing area. Melissa's population has surged 58% between 2020 and 2023, fueled by significant residential and retail development, including nearby Walmart and H-E-B supercenters. The property's prime location, high-quality construction (2018), and strong tenant mix, within a booming North Texas market, make this a truly exceptional investment. The 0.75-acre lot provides ample space, and the building's design caters to the needs of medical practices. The Dallas-Fort Worth MSA's robust economy and projected growth further enhance the investment potential, with average household incomes exceeding $130,000 within a 5-mile radius. The U.S. dental services market is experiencing significant growth, projected to reach ~$300 billion by 2032, adding another layer of security to this investment. This is a rare opportunity to acquire a high-performing, passively managed asset in one of the nation's fastest-growing markets. The property's net operating income is $168,810. The asking price is $2,700,961.

Property Features for 2302 Sam Rayburn Hwy

General Information

Property type
Medical offices
Investment Type
core
Square Feet
6,938 SF
Class
A
Total Parking Spaces
33
Elevators
N/A
Net Rentable
6,938 SF
Lot Size
32,670 SF
Net Operating Income
$168,810

Building Details

Year Built
2018
Buildings
1
Stories
1

HighLights

  • 6,938 SF medical office building with a new 15‑year NNN lease extension.
  • Prime location near new Walmart & H‑E‑B, surrounded by thriving residential growth.
  • 100% occupied by MB2 Dental & Goldfish Pediatrics, offering strong, long‑term cash flow.
Insight Report Location Intelligence

Current Use by Public Records

Medical offices

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Melissa
State
Texas
Longitude
-96.569827
Latitude
33.277746

FAQs

What type of property is this?
Medical office - 6,938 SF, 100% Leased Medical Building
Where is this medical office located?
The property is located at 2302 Sam Rayburn Hwy Melissa, TX.
What is the asking price?
The asking price for this property is $2,700,961.
What are key features of this property?
This property features: 6,938 SF medical office building with a new 15-year NNN lease extension.; Prime location near new Walmart & H-E-B, surrounded by thriving residential growth.; 100% occupied by MB2 Dental & Goldfish Pediatrics, offering strong, long-term cash flow.
More about this property
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