For Sale
$2,884,000

710 Us Highway 377Pilot Point, TX 76262

High-yield, single-tenant medical office.

Overview

Added:
Dec 11, 2024
Days on market:
121

Highlights

  • Corporate single-tenant, net-leased Action Behavior Centers in Roanoke, TX (DFW MSA).
  • New 10-year lease expiring July 2034, with 2% annual escalations and two 5-year renewal options at 3% annual escalations.
  • Investment-grade tenant: Action Behavior Centers, a top-30 ABA therapy provider, recently acquired for $840 million.
  • High-income area: Average household income exceeds $105,300, reaching $186,100 within 3 miles.
  • Excellent location near major corporate campuses including Circle T Ranch, Charles Schwab, Liberty Mutual, Fidelity Investments, and Deloitte University.
  • Close proximity to Historic Downtown Roanoke, known for its dining scene.

Property Details for 710 Us Highway 377

Property type
Office properties, Medical offices
Square Feet
4,990 SF
Year Built
2021
Buildings
1
Stories
1
Lot Size (sq. ft)
29,185 SF

Location Insight

City
Pilot Point
County
Denton
State
Texas
Latitude
32.992285754582
Longitude
-97.233047840502
710 Us Highway 377, Pilot Point, Texas
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Office property - High-yield, single-tenant medical office.
Where is the office property located?
The property is located at 710 Us Highway 377 Pilot Point, TX.
What is the asking price?
The asking price for this property is $2,884,000.
What are key features of this property?
This property features: Corporate single-tenant, net-leased Action Behavior Centers in Roanoke, TX (DFW MSA).; New 10-year lease expiring July 2034, with 2% annual escalations and two 5-year renewal options at 3% annual escalations.; Investment-grade tenant: Action Behavior Centers, a top-30 ABA therapy provider, recently acquired for $840 million.
How can I contact the broker?
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710 Us Highway 377
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