Cook Children's Medical
For Sale
Contact for pricing
805 South Clay Street, Ennis, TX 75119
Pediatric healthcare facility built in 2013 with a 2022 roof replacement and nine years remaining on the lease.
Property Size3,536 SF
Price / SF$254.52
Days on Market53
Property Features for 805 South Clay Street
General Information
Standard status
Active
Size
3,536 SF
Property subtype
Office
Building Details
Year Built
2013
Building Size
3,536 SF
Tenancy
Single
Listing Agency:
Sands Investment Group
Listed By:
Carlos Arizpe · License #794423
(737) 270-7668
Source:
Crexi
Added: Sep 7
Changed: Oct 25
Last Checked: Oct 28 at 8:33AM
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 Sands Investment Group
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Investment Insights
Based on property information with market context.
Located at 805 South Clay Street in Ennis, Texas, this 3,536-square-foot medical office facility serves as a Cook Children's Health pediatric healthcare location. The building was constructed in 2013 and received a fully replaced roof in 2022.
The property is subject to a lease with 9 years of remaining term. Its medical-office configuration and established healthcare occupancy provide a defined operating use for the asset.
The property is subject to a lease with 9 years of remaining term. Its medical-office configuration and established healthcare occupancy provide a defined operating use for the asset.
Key Highlights
- 3,536 SF medical office facility at 805 South Clay Street, Ennis, TX 75119
- Cook Children's Health pediatric healthcare facility
- 9 years of lease term remaining
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,147
Cap Rate
6.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,182,940
$1.2M
Cap Rate 7%
$844,957
$845.0K
Cap Rate 9%
$657,189
$657.2K
Market Conditions
NOI Build-Up for 3,536 SF
Gross rent
$108.6K $30.72/SF
− Vacancy
−$29.8K −$8.42/SF
EGI
$78.9K $22.30/SF
− OpEx
−$19.7K −$5.58/SF
NOI
$59.1K $16.73/SF
Area
Ellis County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,182,940
Cap Rate 7%
$844,957
Cap Rate 9%
$657,189
Alternative Uses
Best Use
Office B
$845.0K
$739.3K – $985.8K
NOI $59,147 @ 7.0% cap · market cap 6.57%
Second Best
Healthcare Medical
$640.1K
$560.1K – $746.8K
NOI $44,808 @ 7.0% cap · market cap 4.98%
Theoretical Best
Multifamily LT 5
$38.58M
$33.76M – $45.01M
NOI $2,700,851 @ 7.0% cap · market cap 300.09%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75119, TX
28,973
Population
11,738
Households
2.5
Avg Household Size
35
Median Age
20%
College-Educated
80%
High-School Grad
264.2 sq mi
ZIP Area
110
Density / Sq Mi
$76,983
Median Household Income
$41,861
Median Earnings
$1,230
Median Rent
$238,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Bluebonnet City Vet Clinic — 215 SW Main St, Ennis, TX 75119
Frequently Asked Questions
What type of property is this?
Medical Office Space - Pediatric healthcare facility built in 2013 with a 2022 roof replacement and nine years remaining on the lease.
Where is this medical office space located?
The property is located at 805 South Clay Street Ennis, TX.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 3,536 SF medical office facility at 805 South Clay Street, Ennis, TX 75119; Cook Children's Health pediatric healthcare facility; 9 years of lease term remaining
