710 Us Highway 377, Pilot Point, TX 76262
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.