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Medical Office Space with Active Lease
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1501 Airport Rd, Rockwall, TX 75087

Medical office space leased for a 7-year term with 2% annual rent increases and a 5-year renewal option.

Property Size7,768 SF
Days on Market902

Property Features for 1501 Airport Rd

General Information

Standard status Active
Size 7,768 SF
Property subtype OFFICE

Building Details

Tenancy Single
Listing Agency: Ridge Pointe Commercial Real Estate
Listed By: David English · License #370006
Source: Moodyscre
Added: Feb 16, 2024 Changed: Jul 30 Last Checked: Aug 5 at 11:55AM

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.

Medical office space totaling 7,768 SF is offered with an in-place lease. The lease term is 7 years and includes 2% annual rent increases. The tenant also has a 5-year renewal option at market.

The current tenant is Action Behavior Centers Therapy, LLC, established in 2016. The tenant is described as operating 90+ locations.

This offering is structured around the existing lease terms and tenant occupancy, making it most relevant for buyers seeking medical office exposure tied to the stated renewal framework.

Key Highlights

  • 7,768 SF medical office space
  • 7‑year lease term with 2% annual rent increases
  • 5‑year renewal option at market

Property Analytics

Current Use

Action Behavior Centers ... Pediatrician

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Grocery & Convenience Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

120
Businesses Nearby
Well-served
Demand for This Use

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office space leased for a 7-year term with 2% annual rent increases and a 5-year renewal option.
Where is this medical office space located?
The property is located at 1501 Airport Rd Rockwall, TX.
What are key features of this property?
This property features: 7,768 SF medical office space; 7‑year lease term with 2% annual rent increases; 5‑year renewal option at market
(214) 676-6424 Call to check price and availability
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