Medical Office Building with
For Sale
Contact for pricing
401 W Centerville Rd, Garland, TX 75041
Medical and professional suites totaling 7,200 SF with about 40 parking spaces and recent roof and HVAC improvements.
Property SizeContact for details
Days on Market114
Property Features for 401 W Centerville Rd
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
Dallas
(972) 759-7814
Listed By:
Geoff Ficke · License #593051
(972) 759-7814
Source:
Colliers
Added: May 8
Changed: Aug 27
Last Checked: Aug 29 at 5:50AM
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 Dallas
Investment Insights
Based on property information with market context.
The Centerville Professional Building is a 7,200-square-foot medical and professional office asset configured into multiple suites. The property is currently 50% occupied and includes approximately 3,600 square feet available. Recent capital improvements include a new roof and HVAC system, supporting reduced near-term capital needs.
The building is located at 401 W Centerville Rd in Garland, Texas, situated on approximately 0.76 acres with roughly 40 parking spaces. The property is described as having strong visibility along a major thoroughfare with traffic counts exceeding 42,300 vehicles per day.
With a mix of medical and service-oriented tenancy, the existing rent structure is tied to NNN leases while maintaining below-market rental rates, according to the seller’s remarks. This creates multiple pathways for value creation through lease-up and/or mark-to-market adjustments, depending on ownership goals.
The building is located at 401 W Centerville Rd in Garland, Texas, situated on approximately 0.76 acres with roughly 40 parking spaces. The property is described as having strong visibility along a major thoroughfare with traffic counts exceeding 42,300 vehicles per day.
With a mix of medical and service-oriented tenancy, the existing rent structure is tied to NNN leases while maintaining below-market rental rates, according to the seller’s remarks. This creates multiple pathways for value creation through lease-up and/or mark-to-market adjustments, depending on ownership goals.
Key Highlights
- 7,200 SF medical/professional office building built in 1972 at 401 W Centerville Rd in Garland, TX
- Approximately 0.76 acres with ~40 parking spaces
- Traffic counts exceed 42,300 vehicles per day along a major thoroughfare
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
632
Businesses Nearby
Explore this area
Business Placement
Demographics for 75041, TX
32,219
Population
10,378
Households
3.1
Avg Household Size
33
Median Age
15%
College-Educated
70%
High-School Grad
7.9 sq mi
ZIP Area
4,078
Density / Sq Mi
$68,692
Median Household Income
$35,027
Median Earnings
$1,368
Median Rent
$214,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Medical and professional suites totaling 7,200 SF with about 40 parking spaces and recent roof and HVAC improvements.
Where is this office units located?
The property is located at 401 W Centerville Rd Garland, TX.
What are key features of this property?
This property features: 7,200 SF medical/professional office building built in 1972 at 401 W Centerville Rd in Garland, TX; Approximately 0.76 acres with ~40 parking spaces; Traffic counts exceed 42,300 vehicles per day along a major thoroughfare
