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Class A Medical Office Sublease
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245 W State Highway 114, Southlake, TX 76092

2,095 SF Class A medical office sublease with 40 months remaining on the underlying lease.

Property Size2,095 SF
Days on Market449

Property Features for 245 W State Highway 114

General Information

Standard status Active
Size 2,095 SF
Property subtype OFFICE
Lease Type SF/yr
Listing Agency: Champions DFW Commercial Realty
Listed By: Jim Kelley · License #0845742
Source: Moodyscre
Added: May 8, 2025 Changed: Jul 28 Last Checked: Jul 30 at 2:35PM

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 Champions DFW Commercial Realty

Investment Insights

Based on property information with market context.

A 2,095 SF sublease opportunity in a Class A medical office building with 40 months remaining on the lease. Monument signage is available, supporting building identification and storefront presence.

The property is located at SH 114 and White Chapel Blvd in Southlake and offers easy access to major freeways. It is also described as minutes from Dallas/Fort Worth International Airport (DFW).

The building currently includes a range of medical tenants, including orthopedics, plastics, oral surgery, obstetrics & gynecology, physical therapy, and fertility.

Key Highlights

  • 2,095 SF Class A medical office building sublease
  • 40 months remaining on the underlying lease
  • Located at SH 114 & White Chapel Blvd

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Dental Office Pharmacy Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing Service Bakery

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

NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

274
Businesses Nearby
Balanced
Demand for This Use

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

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

What type of property is this?
Medical Office Space - 2,095 SF Class A medical office sublease with 40 months remaining on the underlying lease.
Where is this medical office space located?
The property is located at 245 W State Highway 114 Southlake, TX.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: 2,095 SF Class A medical office building sublease; 40 months remaining on the underlying lease; Located at SH 114 & White Chapel Blvd
(817) 909-7875 Call to check price and availability
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