916 Highway 67 Duncanville, TX 75137
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Dallas Heart and Vascular Consultants / Medical Clinic
- Dr. Imran Afridi / Physician
- Gaurav Gupta / Physician
Property Details for 916 Highway 67
- Year built
- 2013
- Lot size
- 1.05 lot acres
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Duncanville
- County
- Dallas
- State
- Texas
- Longitude
- -96.8898
- Latitude
- 32.6415
