Leased Medical Office
New
For Sale
Contact for pricing
1231 E Belt Line Rd, Richardson, TX 75087
A 9,200 SF medical office building is 100% leased under a 7-year NNN lease with Texas Health Resources.
Property Size9,200 SF
Days on Market5
Property Features for 1231 E Belt Line Rd
General Information
Standard status
Active
Size
9,200 SF
Total Parking Spaces
39
Property subtype
Office - General Office
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Building Size
9 SF
Year Built
1984
Tenancy
Single
Listing Agency:
Ridge Pointe Commercial Real Estate
(972) 961-8532
Listed By:
David English · License #370006
Source:
Commercialcafe
Added: Jul 26
Changed: Jul 27
Last Checked: Jul 30 at 2:40AM
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 Ridge Pointe Commercial Real Estate
Investment Insights
Based on property information with market context.
1231 E Belt Line Rd is a 9,200 SF medical office building offered for sale with 100% in-place occupancy. The property is leased to Texas Health Resources under an approximately 7-year NNN lease structure, supporting a stabilized income profile with an estimated NOI of $230,000. The building is described as having a functional medical layout and includes 39 parking spaces.
The property is located along E Belt Line Road in Richardson, Texas, with convenient access noted to US-75, the President George Bush Turnpike, and I-635. The remarks also cite proximity to major regional medical demand drivers, including Medical City Hospital and Methodist Richardson Medical Center.
The property is located along E Belt Line Road in Richardson, Texas, with convenient access noted to US-75, the President George Bush Turnpike, and I-635. The remarks also cite proximity to major regional medical demand drivers, including Medical City Hospital and Methodist Richardson Medical Center.
Key Highlights
- 9,200 SF medical office building built in 1984, 100% leased to Texas Health Resources.
- 7‑year NNN lease in place with Texas Health Resources.
- Approx. NOI of $230,000 reported for the property.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75087, TX
40,460
Population
15,103
Households
2.7
Avg Household Size
38
Median Age
50%
College-Educated
96%
High-School Grad
29.4 sq mi
ZIP Area
1,376
Density / Sq Mi
$128,590
Median Household Income
$61,467
Median Earnings
$1,727
Median Rent
$399,500
Median Home Value
Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Petco Vaccination Clinic — 1401 E Spring Valley Rd, Richardson, TX 75081
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Frequently Asked Questions
What type of property is this?
Medical Office Space - A 9,200 SF medical office building is 100% leased under a 7-year NNN lease with Texas Health Resources.
Where is this medical office space located?
The property is located at 1231 E Belt Line Rd Richardson, TX.
What are key features of this property?
This property features: 9,200 SF medical office building built in 1984, 100% leased to Texas Health Resources.; 7‑year NNN lease in place with Texas Health Resources.; Approx. NOI of $230,000 reported for the property.
