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Built-Out Surgery Center with Medical Offices
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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 Market9

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
Listed By: Michelle Hudson · License #629153
Source: Moodyscre
Added: Jul 22 Changed: Jul 29 Last Checked: Jul 29 at 12:07PM

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

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.

Key Highlights

  • Fully built‑out first‑floor surgery center
  • Second‑floor flexible medical office space
  • Backup generator for continuity of operations

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 $408.0k $24.00
− Vacancy −$40.8k −$2.40
EGI $367.2k $21.60
− OpEx −$146.9k −$8.64
NOI $220.3k $12.96
17,000 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%

Alternative Uses

Best Use
Office B
$13.96M
$12.22M – $16.29M (±1% cap)
NOI $977,352 @ 7.0% cap · market cap 19.55%
Second Best
Healthcare Medical
$3.15M
$2.75M – $3.67M (±1% cap)
NOI $220,320 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$20.40M
$17.85M – $23.80M (±1% cap)
NOI $1,427,902 @ 7.0% cap · market cap 28.56%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Karen C. Sharp, ... Physician Specialty Surgical Center Medical Clinic Dr. Ghazaleh Moayedi Physician Lara Gordon Physician Dr. Charles D. ... Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Kitchen & Bath Showroom Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,313
Businesses Nearby

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

Market

Vacancy Rate% for Office in Dallas, TX

19.2% 2019
21.1% 2020
21.5% 2021
21.6% 2022
22% 2023
26.2% 2024
25.9% 2025
Rey
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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
(214) 534-0226 Call to check price and availability
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