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Property profile & analytics
OFF-MARKET
Office Spaces

916 Highway 67 Duncanville, TX 75137

5,972 SF 1.05 ac lot Built 2013
Property ID
Property summary
AI-generated overview

This 5,972 square foot medical office building in Duncanville, Texas, is offered at $2,440,000, representing a 6.49% cap rate. Built in 2013, the property sits on a 1.045-acre lot and boasts a strong NOI of $158,461. Currently 100% occupied by Dallas Heart and Vascular, a tenant backed by Heart & Vascular Partners, this is an absolute net lease with a corporate guarantee, eliminating landlord responsibilities for roof and structure. The building enjoys a prime location in a synergistic medical corridor, just five minutes from Methodist Charlton Medical Center, and benefits from high visibility on Highway 67, seeing over 96,000 vehicles daily. The area features numerous national retailers and has experienced consistent population growth (2.6% annually within a 1-mile radius since 2010). The lease includes annual rental increases of 1.5%. This investment opportunity presents a compelling combination of strong tenant, location, and financial performance.

Property profile
Verified
Property type Office Spaces
Year built 2013
Total area 5,972 SF
Lot 1.05 ac (45,520 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
  • Dallas Heart and Vascular Consultants Medical Clinic
  • Dr. Imran Afridi Physician
  • Gaurav Gupta Physician
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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