NNN-Leased Medical
1070 West Campbell Road, Richardson, TX 75080
For Sale
New
Contact for pricing
Two medical practices occupy the building under NNN lease structures.
Property Size4,989 SF
Lot Size3.18 Acres
Price / SF$450.99
Days on Market7
Property Features for 1070 West Campbell Road
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Net Operating Income
Financials
Asking Price
Cap Rate
Additional Details
Tenant in Place
Property Use
Medical Specialty
Building Details
Year Built
Tenancy
Owner Occupied
Listing Agency:
STRIVE Commercial Real Estate Advisors
Listed By:
Jennifer Pierson · License TX 424317-B
Source:
Crexi
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 8 at 3:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of STRIVE Commercial Real Estate Advisors
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Investment Insights
Based on property information with market context.
This 4,989-square-foot medical office property in Richardson was completed in 2014 and sits on a 3.18-acre parcel. Richardson Oral Surgery and Bean Orthodontics occupy the building, with both leases structured as NNN.
The property is at 1070 West Campbell Road in Richardson, Texas, and is reported as fully occupied.
The property is at 1070 West Campbell Road in Richardson, Texas, and is reported as fully occupied.
Key Highlights
- 100% occupied by Richardson Oral Surgery and Bean Orthodontics
- 4,989 SF medical office property
- Built in 2014 on 3.18 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,889
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,477,780
$1.5M
Cap Rate 7%
$1,055,557
$1.1M
Cap Rate 9%
$820,989
$821.0K
Market Conditions
NOI Build-Up for 4,989 SF
Gross rent
$131.7K $26.40/SF
− Vacancy
−$33.2K −$6.65/SF
EGI
$98.5K $19.75/SF
− OpEx
−$24.6K −$4.94/SF
NOI
$73.9K $14.81/SF
Area
Richardson, TX
Vacancy
25.20%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,477,780
Cap Rate 7%
$1,055,557
Cap Rate 9%
$820,989
Alternative Uses
Best Use
Office B
$1.06M
$923.6K – $1.23M
NOI $73,889 @ 7.0% cap · market cap 3.28%
Second Best
Healthcare Medical
$944.2K
$826.2K – $1.10M
NOI $66,094 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$1.51M
$1.33M – $1.77M
NOI $106,038 @ 7.0% cap · market cap 4.71%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,562
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75080, TX
53,633
Population
19,971
Households
2.7
Avg Household Size
30
Median Age
57%
College-Educated
93%
High-School Grad
11.3 sq mi
ZIP Area
4,746
Density / Sq Mi
$89,773
Median Household Income
$42,004
Median Earnings
$1,817
Median Rent
$420,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Medical Office Space in Dallas County, TX
Properties on Market for Medical Office Space in Dallas County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two medical practices occupy the building under NNN lease structures.
Where is this medical office space located?
The property is located at 1070 West Campbell Road Richardson, TX.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 100% occupied by Richardson Oral Surgery and Bean Orthodontics; 4,989 SF medical office property; Built in 2014 on 3.18 acres
