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Property profile & analytics
OFF-MARKET
Medical Office Space

3000 Macarthur Blvd Irving, TX 75062-4493

1,724 SF 0.52 ac lot Built 1970
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US82-4862115
Property summary
AI-generated overview

This exceptional Class A, 6,600 square foot medical office building presents a compelling investment opportunity. Located in Irving, Texas, at 3000 N MacArthur Blvd, this multi-tenant property boasts three dental practices under new 10-year NNN leases with 3% annual rent bumps and two 5-year renewal options. The building, renovated in 2024, enjoys 100% occupancy, generating a substantial net operating income (NOI) of $240,000 and a 7.50% cap rate. The asking price is $3,200,000, translating to $485 per square foot. Situated on a high-traffic thoroughfare (MacArthur Blvd, over 30,000 vehicles per day) near Hwy 183 and Baylor Scott & White Medical Center (293 beds), this property benefits from excellent visibility and proximity to a large patient base. The strong demographics of Irving, with a 17.6% population increase since 2010 and average household incomes exceeding $85,000 within a five-mile radius, further enhance its investment appeal. The Dallas-Fort Worth MSA's robust economic growth and the inherent stability of healthcare tenants contribute to the long-term value and potential of this exceptional investment. The minimal landlord responsibilities inherent in the NNN lease structure provide a passive income stream with significant upside potential. This property offers a rare combination of strong current performance and future growth prospects within a thriving market.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1970
Construction FRAME
Total area 1,724 SF
Lot 0.52 ac (22,500 SF)
Zoning code Z57
APN 32038200000020000
UPID US82-4862115
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
  • Joseph Elizabeth DDS Dental Office
  • The Smile Spa at Dr. David Nix Dental Office
  • Thomas Damian Nabors Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Unang Bahay LLC · 1 yrs held
Unang Bahay LLC
since 2024
4 recorded transactions
2024
Price N/A
2023
Price N/A
2022
Price N/A
2018
Price N/A
Zoning & alternative use
Z57 · Irving, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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