Property summary
This exceptional investment opportunity presents two medical office buildings totaling 10,000 square feet of net rentable space, situated on Webb Chapel Road in Dallas, Texas, zip code 75220. The property, comprised of two buildings, each two stories high, boasts a rich history, having been constructed in 1930 and extensively renovated in 2021. The renovation included the installation of a new HVAC system, ensuring modern functionality within the classic structure. Currently operating at 100% occupancy with a national medical tenant under a NNN lease, this property offers a stable and predictable income stream. The permitted zoning is specifically for medical offices, providing flexibility and security for future operations. The asking price for this value-add investment is $3,250,000. Located in the thriving Dallas area, this property represents a compelling opportunity for investors seeking a strong return on investment in the medical office sector. The property's prime location and high occupancy rate make it an attractive addition to any portfolio. This single-tenant property offers a unique blend of historical charm and modern amenities, making it a truly remarkable investment.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Physician
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Pharmacy
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Pediatrician Physician
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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