3000 N Macarthur Blvd Irving, TX 75062

This multi-tenant healthcare investment property features new 10-year leases executed by three dental tenants. The leases include three, five-year options to extend, and 3% annual rental increases. There are minimal landlord responsibilities throughout the lease term. The property is a 100% leased dental MOB with practice expansions planned for 2024. The property has been tenanted by dental practices for over 15 years. The location is on MacArthur Blvd, with a traffic count of over 30,000 vehicles per day, and is just off Hwy 183, which sees over 130,000 vehicles per day. The location is surrounded by numerous medical facilities and is less than one mile from two schools and about 1 mile away from the Baylor Scott and White Medical Center in Irving, a full-service accredited hospital with 293+ beds. The property is located in Irving, which has surged by 17.6% since 2010, now boasting more than 245,000 residents. Residents within a five-mile radius of the asset carry an average household income of over $85,000 per year. The property is located within the Dallas-Fort Worth MSA, the 4th largest MSA in the United States and is rated the fastest growing MSA in the country.