Property profile

710 Us Highway 377 Pilot Point, TX 76262

OFF-MARKET
Office Spaces
4,990 SF 0.67 ac lot Built 2021
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a 4,990-square-foot medical office building in Roanoke, Texas, a thriving suburb within the affluent Dallas/Fort Worth metroplex. The property, constructed in 2021, sits on a 0.67-acre lot and boasts a 100% occupancy rate with a strong, creditworthy tenant: Action Behavior Centers, a leading ABA therapy provider ranked among the top 30 in the US. Action Behavior Centers recently signed a new net lease extending through July 2034, featuring 2% annual escalations during the primary term and two 5-year renewal options with 3% annual escalations. This provides exceptional long-term stability and predictable income growth. The building is strategically located on Highway 377, offering high visibility and multiple access points. Its design incorporates partial masonry construction and a prominent monument sign. The property benefits from its location in a high-income area, with average household incomes exceeding $105,300 within a 1-mile radius and $186,100 within a 3-mile radius. The surrounding area includes significant developments such as Circle T Ranch, Charles Schwab headquarters, Liberty Mutual campus, Fidelity Investments, and Deloitte University, further enhancing the property's value and long-term prospects. The asking price is $2,884,000, representing a compelling 6.40% cap rate. This is a rare opportunity to acquire a high-quality, single-tenant net-leased asset in a prime location with significant upside potential. The property's proximity to major employers, upscale residential areas, and amenities like the Texas Motor Speedway contributes to its strong investment appeal.

Property profile

Verified
Property type Office Spaces
Year built 2021
Total area 4,990 SF
Lot 0.67 ac (29,185 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

710 Us Highway 377 Pilot Point, TX 76262
Pilot Point metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 710 Us Highway 377?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message