10901 Garland Rd Dallas, TX 75218

Building Details

Year Built

1967

Listing office Marcus & Millichap - Dallas

Listing date Feb 10, 2025

Source Crexi

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Investment Insights

Based on property information with market context.

This 15,536 square-foot medical facility is located in Garland, a Dallas-Fort Worth metro city in Texas, and sits on a 0.48-acre lot. The building was established in 2006. The property is currently occupied by Smiley Dental & Orthodontics Clinic, Smiley Dental Management Office, and Clinica San Andres. Smiley Dental & Orthodontics will sign a new 15-year absolute NNN lease for the entire building. The lease has no landlord responsibilities, with the tenant paying all expenses directly, and includes annual two percent increases and four 5-year options. Smiley Dental & Orthodontics was founded 20 years ago in 2003 and currently has 35 locations in Texas with around 60 providers and 300 employees. Smiley Dental & Orthodontics' vision is to provide all ranges of dental services including general dentistry, orthodontics, and oral surgery, all in one place at an affordable price. This property presents an opportunity for a passive investor seeking high return with complete hands-off operation in the Dallas-Fort Worth Metro.

Key Highlights

• New 15‑year absolute NNN lease with no landlord responsibilities
• Annual two percent rent increases, hedging against inflation
• Tenant has four 5‑year renewal options

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FAQs

What type of property is this?

Medical Office Space - 15,536 SF medical facility in Garland, TX for sale.

Where is this medical office space located?

The property is located at 10901 Garland Rd Dallas, TX.

What is the asking price?

The asking price for this property is $4,500,000.

What are key features of this property?

This property features: New 15‑year absolute NNN lease with no landlord responsibilities; Annual two percent rent increases, hedging against inflation; Tenant has four 5‑year renewal options