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    OFF-MARKET
    Office Spaces

    1150 Watters Rd, Allen, TX 75013

    3,108 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3,108 square foot medical office condominium is ideally situated in Allen's thriving medical district, offering unparalleled convenience and visibility. Located at 1150 North Watters Road, Suite 105, Allen, Texas 75013, this property boasts a prime location on the southeast corner of Watters Road and Exchange Parkway, ensuring high traffic and excellent exposure. Built in 2009, the building features a striking brick and masonry exterior with a tile roof. The property includes ample all-surface parking for patients and staff. Benefit from prominent monument and building signage opportunities to enhance your brand visibility. The interior offers approximately 3,108 square feet of well-designed space, currently priced at $1,200,000 ($386.10 per square foot). This established medical office complex already houses a diverse range of medical professionals, including an eye doctor, pediatrician, dentist, and medical spa, creating a synergistic and collaborative environment. Note that there is no additional charge for the second floor space, providing a valuable bonus. This turnkey opportunity is perfect for established medical practices seeking a high-profile location or for new ventures looking to establish themselves in a thriving medical community. The property's strategic location near Texas Health Resources (THR) Hospital further enhances its appeal and potential.

    Property profile
    Verified
    Property type Office Spaces
    Total area 3,108 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Sunrise Dental Dental Office
    • Linda Jacob, DDS Dental Office
    • Child & Adolescent Center Pa Pediatrician Medical Clinic
    • Dr. Paul Saadi, MD-Orthopedic Surgeon, Hip and Knee Replacement Specialist Physician
    • Dr. Tony Tao, O.D. Physician
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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