Medical Office with Exam
New
For Sale
$460,000
901 Medical Centre Drive Unit C, Arlington, TX 76012
Configured clinical space includes reception, patient waiting, imaging, private office, kitchen, and separate access points.
Property Size2,148 SF
Price / SF$214.15
Days on Market3
Property Features for 901 Medical Centre Drive Unit C
General Information
Standard status
Active
Size
2,148 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1984
Listing Agency:
Keller Williams Lonestar DFW
(817) 795-2500
Listed By:
Rene Jensen · License #0720823
(214) 532-6823
Source:
Lonestarluxuryrealty
Added: Aug 14
Changed: Aug 15
Last Checked: Aug 15 at 7:09AM
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 Keller Williams Lonestar DFW
Investment Insights
Based on property information with market context.
This 2,148-square-foot medical office in Arlington was built in 1984 and includes a large waiting area, reception space, 5 exam rooms, an x-ray room, a doctor’s office, 3 bathrooms, a break room, and a kitchen. Three separate entrances provide distinct access for patients or clients, employees, and the doctor’s office.
The property is at 901 Medical Centre Drive, Unit C, in North Arlington, near Texas Health Arlington Memorial Hospital and Kindred Hospital Arlington. Access is available from Cooper St and Randol Mill Rd, with the property located just south of I30.
The property is at 901 Medical Centre Drive, Unit C, in North Arlington, near Texas Health Arlington Memorial Hospital and Kindred Hospital Arlington. Access is available from Cooper St and Randol Mill Rd, with the property located just south of I30.
Key Highlights
- 2,148‑square‑foot medical office built in 1984
- 5 exam rooms plus a dedicated x‑ray room
- Large waiting area and reception space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,251
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$665,020
$665.0K
Cap Rate 7%
$475,014
$475.0K
Cap Rate 9%
$369,456
$369.5K
Market Conditions
NOI Build-Up for 2,148 SF
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.
Gross rent
$51.6K $24.00/SF
− Vacancy
−$7.2K −$3.36/SF
EGI
$44.3K $20.64/SF
− OpEx
−$11.1K −$5.16/SF
NOI
$33.3K $15.48/SF
Area
Arlington, TX
Vacancy
14.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$665,020
Cap Rate 7%
$475,014
Cap Rate 9%
$369,456
Alternative Uses
Best Use
Office B
$475.0K
$415.6K – $554.2K
NOI $33,251 @ 7.0% cap · market cap 7.23%
Second Best
Healthcare Medical
$397.7K
$348.0K – $464.0K
NOI $27,838 @ 7.0% cap · market cap 6.05%
Theoretical Best
Office A
$633.4K
$554.2K – $738.9K
NOI $44,335 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,531
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76012, TX
27,080
Population
11,538
Households
2.3
Avg Household Size
40
Median Age
43%
College-Educated
90%
High-School Grad
8.2 sq mi
ZIP Area
3,302
Density / Sq Mi
$84,468
Median Household Income
$44,933
Median Earnings
$1,307
Median Rent
$292,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured clinical space includes reception, patient waiting, imaging, private office, kitchen, and separate access points.
Where is this medical office space located?
The property is located at 901 Medical Centre Drive Unit C Arlington, TX.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 2,148‑square‑foot medical office built in 1984; 5 exam rooms plus a dedicated x‑ray room; Large waiting area and reception space
