Built-Out Surgery Center with Medical
For Sale
Contact for pricing
7989 WEST VIRGINIA DR, Dallas, TX 75237
Fully built-out first-floor surgery center plus flexible second-floor medical office space with backup generator and generous parking.
Property Size17,000 SF
Price / SF$294.12
Days on Market100
Property Features for 7989 WEST VIRGINIA DR
General Information
Standard status
Active
Size
17,000 SF
Property subtype
OFFICE
Amenities
Backup Generator
Listing Agency:
Hudson Peters Commercial
(972) 980-1188
Listed By:
Michelle Hudson · License #629153
(214) 534-0226
Source:
Moodyscre
Added: Jul 22
Changed: Oct 26
Last Checked: Oct 28 at 11:50AM
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 Hudson Peters Commercial
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Investment Insights
Based on property information with market context.
This medical centers property provides a practical, ready-for-use layout for healthcare operations. The first floor is fully built out as a surgery center, with the second floor offering flexible medical office space to accommodate evolving practice needs.
Additional operational support is included with a backup generator. The property also offers generous parking for patients, staff, and visitors, and it is immediately adjacent to Methodist - Charlton.
The building totals 17,000 square feet, supporting both the surgical and office components within the same facility.
Additional operational support is included with a backup generator. The property also offers generous parking for patients, staff, and visitors, and it is immediately adjacent to Methodist - Charlton.
The building totals 17,000 square feet, supporting both the surgical and office components within the same facility.
Key Highlights
- Fully built‑out first‑floor surgery center
- Second‑floor flexible medical office space
- Backup generator for continuity of operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$220,320
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,406,400
$4.4M
Cap Rate 7%
$3,147,429
$3.1M
Cap Rate 9%
$2,448,000
$2.4M
Market Conditions
NOI Build-Up for 17,000 SF
Gross rent
$408.0K $24.00/SF
− Vacancy
−$40.8K −$2.40/SF
EGI
$367.2K $21.60/SF
− OpEx
−$146.9K −$8.64/SF
NOI
$220.3K $12.96/SF
Area
Dallas, TX
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,406,400
Cap Rate 7%
$3,147,429
Cap Rate 9%
$2,448,000
Alternative Uses
Best Use
Office B
$13.96M
$12.22M – $16.29M
NOI $977,352 @ 7.0% cap · market cap 19.55%
Second Best
Healthcare Medical
$3.15M
$2.75M – $3.67M
NOI $220,320 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$20.40M
$17.85M – $23.80M
NOI $1,427,902 @ 7.0% cap · market cap 28.56%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,313
Businesses Nearby
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Business Placement
Demographics for 75237, TX
19,057
Population
8,790
Households
2.2
Avg Household Size
30
Median Age
17%
College-Educated
79%
High-School Grad
6.7 sq mi
ZIP Area
2,844
Density / Sq Mi
$43,149
Median Household Income
$34,800
Median Earnings
$1,193
Median Rent
$231,600
Median Home Value
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Market
Vacancy Rate% for Office in Dallas, TX
Frequently Asked Questions
What type of property is this?
Medical center - Fully built-out first-floor surgery center plus flexible second-floor medical office space with backup generator and generous parking.
Where is this medical center located?
The property is located at 7989 WEST VIRGINIA DR Dallas, TX.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Fully built‑out first‑floor surgery center; Second‑floor flexible medical office space; Backup generator for continuity of operations
