Class A Medical Office
731 Zena Rucker Road # A Southlake Southlake, TX 76092
New
731 Zena Rucker Road # A Southlake, Southlake, TX, 76092
$4,370,000
For Sale
$4,370,000
Two-building Class A medical development with suites ranging from 2,900 to 11,400 sf, delivering Spring 2025.
Property Size11,400 SF
Price / SF$383.33
Days on Market3
Property Features for 731 Zena Rucker Road # A Southlake
General Information
- Standard status
- Active
- Size
- 11,400 SF
Building Details
- Year Built
- 2025
Listing Agency
(800) 683-5651
Listed by
Hilda Johnson
(800) 683-5651
Source
Jparhouston
Added: Jul 15 Checked: Jul 17 at 2:27 am
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 Hilda Johnson
Investment Insights
Based on property information with market context.
This Class A medical office development features two buildings offering size availability from 2,900 to 11,400 square feet. The property is scheduled for delivery in Spring 2025, providing new medical office space designed to support professional practices.
The development is located in Southlake, Texas, directly next to Rockenbaugh Elementary School. It is also within walking distance of Park Village, Shops of Southlake, and Southlake Town Square.
With two separate buildings and multiple suite sizes, the property can accommodate a range of medical office footprints within the stated availability range.
The development is located in Southlake, Texas, directly next to Rockenbaugh Elementary School. It is also within walking distance of Park Village, Shops of Southlake, and Southlake Town Square.
With two separate buildings and multiple suite sizes, the property can accommodate a range of medical office footprints within the stated availability range.
Key Highlights
- Two‑building Class A medical development with suite sizes from 2,900 to 11,400 SF
- Delivering Spring 2025 (Year Built: 2025)
- Located directly next to Rockenbaugh Elementary School
Local 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 | $350.2k | $30.72 |
| − Vacancy | −$87.6k | −$7.68 |
| EGI | $262.7k | $23.04 |
| − OpEx | −$65.7k | −$5.76 |
| NOI | $197.0k | $17.28 |
11,400 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.81M
$2.46M – $3.28M
NOI $196,992 @ 7.0% cap · market cap 4.51%
Second Best
Healthcare Medical
$2.79M
$2.44M – $3.26M
NOI $195,350 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$4.01M
$3.51M – $4.68M
NOI $280,714 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
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FAQs
What type of property is this?
Medical Office Space - Two-building Class A medical development with suites ranging from 2,900 to 11,400 sf, delivering Spring 2025.
Where is this medical office space located?
The property is located at 731 Zena Rucker Road # A Southlake Southlake, TX.
What is the asking price?
The asking price for this property is $4,370,000.
What are key features of this property?
This property features: Two‑building Class A medical development with suite sizes from 2,900 to 11,400 SF; Delivering Spring 2025 (Year Built: 2025); Located directly next to Rockenbaugh Elementary School
