Property profile

1720 Fm 544 The Colony, TX 75056

OFF-MARKET
Office Spaces
3,860 SF Built 2017
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Property summary

AI-generated overview

This exceptional Class A medical office building, totaling 3,860 square feet, presents a compelling net lease investment opportunity. Located at 1720 FM 544, The Colony, Texas 75056, within the prestigious Castle Hills master-planned community, this single-tenant property boasts a 100% occupancy rate with R3 Wound Care Hyperbarics as the tenant. The lease, an absolute NNN (Triple Net) agreement, features a remaining term of approximately 3.9 years, expiring October 1, 2028, and includes a favorable 3% annual rent increase. Built in 2017, this single-story building offers a strong net operating income (NOI) of $171,205, translating to a compelling 6.25% capitalization rate. The asking price is $2,739,288, representing a price per square foot of $709.66. The property's prime location within a Class A medical office park ensures high visibility and accessibility. This investment offers a stable, high-yield return with built-in growth potential, making it an ideal addition to any portfolio. The property features no ground lease and is a single unit building. The tenant has no credit rating.

Property profile

Verified
Property type Office Spaces
Year built 2017
Total area 3,860 SF

Cap rate & NOI

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

Location

1720 Fm 544 The Colony, TX 75056
The Colony metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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