Current Use by Public Records
- Office Spaces
Property Details for 7309 Cyn Park Dr
- Year built
- 2023
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
This exceptional Class A medical office building, constructed in 2023, presents a compelling investment opportunity in the thriving South Fort Worth market. The property, located at 7309 Canyon Park Dr, Fort Worth, TX 76123, boasts 4,467 square feet and is situated on a single story building. Currently 100% occupied by Behavioral Innovations under a 7-year Net Lease (NNN) agreement commencing March 1, 2024, and expiring March 1, 2030, leaving a substantial 6-year remaining lease term. The lease includes annual rent increases, ensuring consistent income growth. The property generates a strong Net Operating Income (NOI) of $111,630, translating to an attractive 6.30% capitalization rate. This single-tenant, investment-grade property is ideal for 1031 exchange buyers seeking a stable, high-return asset in a rapidly developing area. The building's modern design and prime location make it an exceptional investment opportunity with significant long-term potential. The asking price is $1,771,910. This is a rare chance to acquire a newly constructed, fully leased medical office building with a proven tenant in a desirable location.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.4074
- Latitude
- 32.6338
