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    760 N Shiloh Rd Garland, TX 75042

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    For Sale
    $1,645,000

    High-performing medical office with attractive cap rate and lease renewal.

    Property size:
    5,280 SF
    Lot size:
    0.66 Acres

    Property Features for 760 N Shiloh Rd

    General Information

    Size
    5,280 SF
    Lot size
    0.66 Acres

    Source: STRIVE Agent Parker Tims

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Office Investment Opportunity

    This medical office investment opportunity features an attractive 6.75% go-in cap rate. The property benefits from a brand-new 6-year lease renewal, spanning from September 2025 to August 2031, with two additional 5-year extension options. The lease structure is NN, with minimal landlord responsibilities, as taxes, insurance, and CAM are the tenant's responsibility. The lease is corporately guaranteed by Allergy Partners, a company with over 140 locations nationwide and 145+ allergists across the U.S., in strategic partnership with Waypoint Capital (B-Flexion Company), with over $2 billion in AUM. The property is situated in a prime location off Shiloh Road, which sees over 27,000 vehicles per day, a major thoroughfare in Garland. It is located in a dense medical pocket, in immediate proximity to Garland VA Hospital and complementary healthcare providers. The property is projected to see a 19% increase in annual rent over the new 6-year renewal, driven by 3% annual rent escalations. The property size is 5,280 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Milan Sljivich, MD Family Practice Physician Allergy Partners of Dallas-Fort ... Medical Clinic Michael Alvares, M.D. Allergist Dr. Donald F. ... Allergist Premier Allergy & Asmtha ... Medical Clinic

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Garland
    County
    Dallas
    State
    Texas
    Longitude
    -96.6648653
    Latitude
    32.9190972

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    FAQs

    What type of property is this?
    Medical office - High-performing medical office with attractive cap rate and lease renewal.
    Where is this medical office located?
    The property is located at 760 N Shiloh Rd Garland, TX.
    What is the asking price?
    The asking price for this property is $1,645,000.
    What are key features of this property?
    This property features: - Attractive 6.75% Go-In Cap Rate for a High-Performing Medical Office Investment; - Corporately Guaranteed Lease by Allergy Partners, a national brand with 140+ locations; - Brand-New 6-Year Lease Renewal (September 2025 – August 2031) with two (2) additional 5-year extension options
    (469) 844-8880
    Request Owner's contact information
    760 N Shiloh Rd Garland, TX 75042
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    Garland, TX 75042
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    760 N Shiloh Rd Garland, TX 75042
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