Turnkey Medical Office
For Sale
Contact for pricing
1835 E Southlake Blvd, Southlake, TX 76092
Turnkey medical office with eight exam rooms and two treatment rooms in two suites, with prominent Southlake Blvd frontage.
Property Size6,018 SF
Price / SF$415.42
Days on Market332
Property Features for 1835 E Southlake Blvd
General Information
Standard status
Active
Size
6,018 SF
Property subtype
OFFICE
Site & Location
Traffic Count
43,856 vehicles/day
Road Access
Yes
Building Details
Year Built
2016
Construction
stone facade
Tenancy
Multi
Listing Agency:
Colliers | Dallas
(214) 725-9127
Listed By:
Lauren Jahner
(817) 965-1941
Source:
Moodyscre
Added: Sep 2, 2025
Changed: Jul 28
Last Checked: Jul 30 at 7:29AM
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 Colliers | Dallas
Investment Insights
Based on property information with market context.
Turnkey medical office property constructed in 2016 featuring eight exam rooms and two treatment rooms with showers. The building is currently divided into two suites: Suite 100 and Suite 110. Suite 100 offers larger space while Suite 110 provides an additional separate suite configuration; the two suites could be combined into one single suite.
The property provides visibility and access off Southlake Boulevard with prominent frontage and an identified vehicle count of 43,856 views per day. The building is adjacent to Texas Health Harris Methodist Hospital Southlake and positioned across from Southlake Town Square Mall.
Offered as fee simple with existing suite separation and in-place improvements designed for medical use, the property supports flexible tenancy within its current two-suite layout.
The property provides visibility and access off Southlake Boulevard with prominent frontage and an identified vehicle count of 43,856 views per day. The building is adjacent to Texas Health Harris Methodist Hospital Southlake and positioned across from Southlake Town Square Mall.
Offered as fee simple with existing suite separation and in-place improvements designed for medical use, the property supports flexible tenancy within its current two-suite layout.
Key Highlights
- Turnkey medical office in Southlake, TX, recently constructed in 2016, totaling 6,018 SF
- 8 exam rooms plus 2 treatment rooms with showers
- Two‑suite layout: Suite 100 (3,961 SF) and Suite 110 (2,057 SF); suites could be combined into one
Financial Insights For Office B
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 | $184.9k | $30.72 |
| − Vacancy | −$46.2k | −$7.68 |
| EGI | $138.7k | $23.04 |
| − OpEx | −$34.7k | −$5.76 |
| NOI | $104.0k | $17.28 |
6,018 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.49M
$1.30M – $1.73M
NOI $103,991 @ 7.0% cap · market cap 4.16%
Second Best
Healthcare Medical
$1.47M
$1.29M – $1.72M
NOI $103,124 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$2.12M
$1.85M – $2.47M
NOI $148,187 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
43,856 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,516
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76092, TX
31,924
Population
9,886
Households
3.2
Avg Household Size
42
Median Age
75%
College-Educated
99%
High-School Grad
22.7 sq mi
ZIP Area
1,406
Density / Sq Mi
$250,001
Median Household Income
$123,882
Median Earnings
$3,501
Median Rent
$956,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
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- Smart Pet Hospital & Health — 200 Vlg Ctr Dr, Southlake, TX 76092
- Kitten to Cat Hospital — 205 Miron Dr, Southlake, TX 76092
Frequently Asked Questions
What type of property is this?
Medical Office Space - Turnkey medical office with eight exam rooms and two treatment rooms in two suites, with prominent Southlake Blvd frontage.
Where is this medical office space located?
The property is located at 1835 E Southlake Blvd Southlake, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Turnkey medical office in Southlake, TX, recently constructed in 2016, totaling 6,018 SF; 8 exam rooms plus 2 treatment rooms with showers; Two‑suite layout: Suite 100 (3,961 SF) and Suite 110 (2,057 SF); suites could be combined into one
