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    OFF-MARKET
    Office Spaces

    1150 Watters Rd, Allen, TX 75013

    Property ID
    Property summary
    AI-generated overview

    This exceptional 3,108 square foot medical office condominium is situated in Allen's thriving medical district, offering convenient access to Texas Health Resources (THR) Hospital. Built in 2009, the property boasts a desirable location at the southeast corner of Watters Road and Exchange Parkway, ensuring high visibility and accessibility. The building features a striking brick and masonry exterior with a tile roof, complemented by ample surface parking for patients and staff. Benefit from prominent monument and building signage opportunities to enhance your brand presence. The space is currently configured as a multi-tenant building, with one suite available. The existing tenant mix includes a diverse range of medical professionals, such as an eye doctor, pediatrician, dentist, and medical spa, creating a synergistic and established medical environment. This particular unit offers approximately 3,108 square feet, and there is no additional charge for the second floor space. This presents a unique opportunity to acquire a well-located, modern medical office condominium in a high-demand area with excellent visibility and a strong existing tenant base. The property's construction and design reflect a commitment to quality and functionality, making it an ideal setting for a variety of medical practices.

    Property profile
    Verified
    Property type Office Spaces
    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
    • Sunrise Dental Dental Office
    • Linda Jacob, DDS Dental Office
    • Child & Adolescent Center Pa Pediatrician Medical Clinic
    • Dr. Paul Saadi, MD-Orthopedic Surgeon, Hip and Knee Replacement Specialist Physician
    • Dr. Tony Tao, O.D. Physician
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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