WellMed Medical Office
For Sale
Contact for pricing
620 N O'Connor Rd, Irving, TX 75061
Two Texas medical office properties feature corporate-guaranteed NN leases with scheduled rent increases.
Property SizeContact for details
Days on Market143
Property Features for 620 N O'Connor Rd
General Information
Standard status
Active
Property subtype
Office
Building Details
Buildings
2
Listing Agency:
Marcus & Millichap - Fort Lauderdale
(561) 706-9646
Listed By:
Barry Wolfe · License #FL SL 702613
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 5:14PM
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 Marcus & Millichap - Fort Lauderdale
Investment Insights
Based on property information with market context.
This offering comprises two medical office properties associated with WellMed, a healthcare company serving older adults in Texas and Florida. The assets are available individually or together, providing flexibility for separate acquisition or portfolio ownership.
Both properties are subject to corporate-guaranteed double-net leases. Base terms and option periods include 3% rent increases every three years, and each property includes two five-year tenant renewal options. One property is located at 620 N. O'Connor Rd in Irving, Texas.
Both properties are subject to corporate-guaranteed double-net leases. Base terms and option periods include 3% rent increases every three years, and each property includes two five-year tenant renewal options. One property is located at 620 N. O'Connor Rd in Irving, Texas.
Key Highlights
- Two‑property WellMed medical office portfolio in Texas
- Corporate‑guaranteed double‑net (NN) leases
- 3% rent increases every three years during base and option periods
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,007
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75061, TX
55,828
Population
20,187
Households
2.8
Avg Household Size
33
Median Age
17%
College-Educated
66%
High-School Grad
11.6 sq mi
ZIP Area
4,813
Density / Sq Mi
$61,260
Median Household Income
$33,388
Median Earnings
$1,292
Median Rent
$228,400
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two Texas medical office properties feature corporate-guaranteed NN leases with scheduled rent increases.
Where is this medical office space located?
The property is located at 620 N O'Connor Rd Irving, TX.
What are key features of this property?
This property features: Two‑property WellMed medical office portfolio in Texas; Corporate‑guaranteed double‑net (NN) leases; 3% rent increases every three years during base and option periods
