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Vacant Medical Office Building

2210 Paddock Way Dr Grand Prairie, TX 75050

2210 Paddock Way Dr, Grand Prairie, TX, 75050
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12,750 SF medical office building in Grand Prairie, Texas.

Property Size12,750 SF
Price / SF$225.49
AddedFeb 13
Days on Market152
Last RefreshJul 2 at 8:32 am

Property Features for 2210 Paddock Way Dr

General Information

Standard status
Active
Size
12,750 SF
Property subtype
Office

Listing date Feb 13, 2026

Source Crexi

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 Alyssa Difilippo


Investment Insights

Based on property information with market context.

This 12,750-square-foot medical office building is located at 2210 Paddock Way Drive in Grand Prairie, Texas. The property is a compelling owner-user opportunity, allowing a medical operator to secure immediate occupancy. The offering includes the medical office building and its associated land footprint. The seller is retaining the adjacent rear vacant land parcel, which is not included in the purchase. The asset benefits from strong medical adjacency, located near a Baylor Scott & White Family Medical Center. This proximity supports patient convenience, referral activity, and long-term operational viability for outpatient and specialty medical users. The property provides direct access to Interstate 30 and State Highway 360. This location allows for efficient access for patients, physicians, and staff throughout Grand Prairie, Arlington, Irving, and surrounding markets. Additionally, the property benefits from close proximity to Dallas/Fort Worth International Airport. With its vacant status and functional footprint, the building is well suited for single-tenant owner-user occupancy, multi-tenant outpatient use, or a customized medical configuration. The property offers flexibility for an owner-user to tailor the space and establish a long-term presence within a centrally located Grand Prairie medical submarket.

Key Highlights

  • Vacant 12,750 SF medical office building offering immediate occupancy.
  • Strong medical adjacency to Baylor Scott & White Family Medical Center.
  • Excellent regional connectivity with direct access to Interstate 30 and State Highway 360.

Local Financial Insights For Healthcare Medical

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 $321.3k $25.20
− Vacancy −$25.7k −$2.02
EGI $295.6k $23.18
− OpEx −$118.2k −$9.27
NOI $177.4k $13.91
12,750 SF · lease $25.20/SF/yr · vacancy 8.00% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$2.53M
$2.22M – $2.96M (±1% cap)
NOI $177,358 @ 7.0% cap · market cap 6.17%
Second Best
Office B
$2.30M
$2.01M – $2.69M (±1% cap)
NOI $161,109 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office A
$3.58M
$3.14M – $4.18M (±1% cap)
NOI $250,920 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Prime Diagnostic Imaging Medical Clinic John G. McHenry, ... Physician

Suggested Use

Dental Office Law Firm Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Pharmacy Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Real Estate Agency Discount Store

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

FAQs

What type of property is this?
Medical Office Space - 12,750 SF medical office building in Grand Prairie, Texas.
Where is this medical office space located?
The property is located at 2210 Paddock Way Dr Grand Prairie, TX.
What is the asking price?
The asking price for this property is $2,875,000.
What are key features of this property?
This property features: Vacant 12,750 SF medical office building offering immediate occupancy.; Strong medical adjacency to Baylor Scott & White Family Medical Center.; Excellent regional connectivity with direct access to Interstate 30 and State Highway 360.
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