Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Medical Office Suite with Exam Rooms Title is generated by Realmo AI

    1605 N Garland Avenue, Garland, TX 75040

    View on Map
    Claim this Listing
    For Lease
    $3,945/Mo $19 SF/Yr (calc)

    COMMERCIAL - Garland, TX

    Property size:
    2,420 SF
    Lot size:
    0.83 Acres
    Added:
    Jan 19, 2026
    Days on Market:
    135
    Last Refresh:
    Jun 3 at 5:06 pm

    Property Features for 1605 N Garland Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    26245500080450100
    Lot size
    0.83 Acres

    Taxes and HOA fees

    Tax Description
    GOLDEN MEADOWS 3 BLK 8 LOT 45.1 ACRES .834

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1983
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Tile
    Building materials
    Brick, Plaster
    Roof type
    Composition

    We can help!

    Listing Contact
    Steven Rosenthal

    Listing agent Steven Rosenthal License #0482829

    Listing office Allie Beth Allman & Assoc. Dallas, TX

    Listing date Jan 19, 2026

    MLS# 21135510

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Medical suite for lease: Unit C offers 2,420 SF with 6 examining rooms and an additional patient seating area
    • Suite was previously leased by a dentist
    • 3‑unit medical building, recently renovated, built in 1983
    • High‑traffic location with approx. 28,000 vehicles/day and near I‑30
    • 50 parking spaces available; parking lot with perimeter fencing and monument‑size sign
    • Utilities include public water and public sewer; central heating and central air with new A/C units

    Overview

    This renovated medical office suite offers a practical exam-room layout for outpatient care. Unit C includes six examining rooms and its own patient seating area, providing a functional flow for both patients and staff. The suite was previously leased by a dentist, making it a straightforward fit for many dental or medical practice operations.

    The building is positioned for strong visibility along N. Garland Avenue, with an estimated high traffic count of approximately 28,000 vehicles per day. It also sits near I-30, supporting convenient access for patients coming from surrounding areas. The property includes 50 parking spaces, helping accommodate both daily visits and peak appointment times.

    As part of a three-unit medical building, this space is well suited for healthcare providers seeking an established setting and an efficient floor plan. Additional property amenities include new air conditioning units, perimeter fencing, and a monument-size sign, which can support day-to-day operations and patient awareness. With its combination of visibility, parking, and exam-room infrastructure, the suite is designed to help a practice serve current patients and attract new ones.
    Property Profile Location Intelligence

    Current Use by Public Records

    Smiline Dental Texas Dental Office Smith Jr Robert ... Dental Office Dr. Seyed M. ... Dental Office Dr. Seyed Masood ... Dental Office ACUTE HOME HEALTH ... Home Health Care Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Garland
    County
    Dallas
    State
    Texas
    Longitude
    -96.6488266
    Latitude
    32.9276666

    Nearby Similar for Lease

    • $8,500/Mo

      Turn-Key Auto Service Facility

      Fully renovated auto shop with multiple bays, lifts, and service equipment for immediate owner-operator operation.
      1106 S 1st Street, Garland, TX 75040
      View Details
    • $6,000/Mo

      Drive-Through Restaurant Building

      Functional commercial site with drive-through potential for fast-food or quick-service concepts in a high-visibility Garland location.
      313 Castle Drive, Garland, TX 75040
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Lease a renovated suite with six exam rooms and dedicated patient seating in a high-visibility medical building.
    Where is this medical office space located?
    The property is located at 1605 N Garland Avenue Garland, TX.
    What is the lease rate?
    The lease rate is $3,945 /Mo.
    What are key features of this property?
    This property features: Medical suite for lease: Unit C offers 2,420 SF with 6 examining rooms and an additional patient seating area; Suite was previously leased by a dentist; 3‑unit medical building, recently renovated, built in 1983
    (214) 528-2500
    We can help!
    Listing Contact
    Steven Rosenthal
    Real Estate License ID: 0482829
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1605 N Garland Avenue, Garland, TX 75040
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!