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Two-Tenant Office Medical Building

820 N Zang Boulevard Dallas, TX 75208

820 N Zang Boulevard, Dallas, TX, 75208
$1,995,000
For Sale
$1,995,000

Standalone two-tenant medical office offers leased dental space and a second suite ready for medical or retail use.

Property Size4,182 SF
Lot Size0.32 Acres
Price / SF$477.04
Days on Market35

Property Features for 820 N Zang Boulevard

General Information

Standard status
Active
Size
4,182 SF
Lot size
0.32 Acres
Property subtype
Office

Building Details

Year Built
2003
Listing Agency Sonya Realty, LLC
Listed by Sonya Rafie · License #0330549
Source Xome
Added: Jun 13 Checked: Jul 7 at 4:48 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 Sonya Realty, LLC


Investment Insights

Based on property information with market context.

Standalone two-tenant office/medical building for sale featuring suites designed for flexible use. Suite 110 is leased to a dental practice, while Suite 120 is available for medical or retail use. The property includes monument signage and parking, with floor plans described as flexible for tenant configuration.

Located at 820 N Zang Boulevard in Dallas, TX 75208, the property is positioned on N Zang Blvd with high-traffic exposure and visibility. The offering is close to the Bishop Arts District and Methodist Medical Center. Access is noted to major highways including I-35E and I-30, and the Dallas Streetcar is listed as within walking distance.

For tenants, buyers, and investors seeking an owner-operator setup, the current leasing in Suite 110 supports income continuity while providing an opportunity to occupy or lease Suite 120 for a medical or retail concept. With two separate suites and on-site parking, the property may fit a range of professional and service uses that benefit from strong visibility and straightforward access to the surrounding transportation network.

Key Highlights

  • Standalone two‑tenant office/medical building with approx. 4,182 SF on a 0.32‑acre lot
  • Suite #110 leased to a dental practice for income stability
  • Suite #120 is available for medical or retail use

Local Financial Insights For Retail

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 $100.9k $24.12
− Vacancy −$4.7k −$1.13
EGI $96.1k $22.99
− OpEx −$28.8k −$6.90
NOI $67.3k $16.09
4,182 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%

Alternative Uses

Best Use
Office B
$3.43M
$3.01M – $4.01M (±1% cap)
NOI $240,429 @ 7.0% cap · market cap 12.05%
Second Best
Retail
$961.3K
$841.1K – $1.12M (±1% cap)
NOI $67,290 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$5.02M
$4.39M – $5.85M (±1% cap)
NOI $351,264 @ 7.0% cap · market cap 17.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Oak Cliff Dental ... Dental Office Moniza Munawar DDS Dental Office Oak Cliff Dental ... Dental Office 247 Plumbers Direct Plumbing Service Dr. Jerry Shehane Dental Office

Suggested Use

Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Home Appliance Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Nursing Home Nursing Home Storage Facility Catering Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Standalone two-tenant medical office offers leased dental space and a second suite ready for medical or retail use.
Where is this office building located?
The property is located at 820 N Zang Boulevard Dallas, TX.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Standalone two‑tenant office/medical building with approx. 4,182 SF on a 0.32‑acre lot; Suite #110 leased to a dental practice for income stability; Suite #120 is available for medical or retail use
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