Medical/Physical Therapy Office For
3930 Naaman School Rd Unit B Garland, TX 75040
3930 Naaman School Rd Unit B, Garland, TX, 75040
$1,105,650
For Sale
$1,105,650
Second generation medical office space available for purchase.
Property Size2,835 SF
Price / SF$390
Days on Market136
Property Features for 3930 Naaman School Rd Unit B
General Information
- Standard status
- Active
- Size
- 2,835 SF
- Property subtype
- Office
Building Details
- Year Built
- 2005
Listing Agency
(214) 228-0611
Listed by
Nathan Denton, SIOR
(214) 228-0611
Source
Lee-associates
Added: Mar 6 Checked: Apr 5 at 9:47 pm
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 Nathan Denton, SIOR
Investment Insights
Based on property information with market context.
This property offers a second-generation medical or physical therapy space. The office space measures approximately 2,835 square feet and includes eight exam rooms, one X-ray room, and a breakroom. It also features two restrooms and one shower.
Key Highlights
- Second generation medical/physical therapy space ready for your practice.
- ±2,835 SF Office.
- Features 8 exam rooms.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.8k | $24.96 |
| − Vacancy | −$7.1k | −$2.50 |
| EGI | $63.7k | $22.46 |
| − OpEx | −$25.5k | −$8.99 |
| NOI | $38.2k | $13.48 |
2,835 SF · lease $24.96/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Office B
$2.33M
$2.03M – $2.71M
NOI $162,797 @ 7.0% cap · market cap 14.72%
Second Best
Healthcare Medical
$545.9K
$477.6K – $636.9K
NOI $38,211 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$3.40M
$2.98M – $3.97M
NOI $238,124 @ 7.0% cap · market cap 21.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Healthy Body Therapy
Wellness Program
Penny Crosson
Charitable Organization
Scott Nelson, DPM
Physician
M3 Physical Therapy ...
Medical Clinic
Kristen Treleven, DPM
Physician
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FAQs
What type of property is this?
Medical Office Space - Second generation medical office space available for purchase.
Where is this medical office space located?
The property is located at 3930 Naaman School Rd Unit B Garland, TX.
What is the asking price?
The asking price for this property is $1,105,650.
What are key features of this property?
This property features: Second generation medical/physical therapy space ready for your practice.; ±2,835 SF Office.; Features 8 exam rooms.
