3629 Wolflin Ave Amarillo, TX 79102-2119

This exceptional Class A, 5,330 square foot medical office building in Amarillo, Texas presents a compelling investment opportunity. Currently 100% occupied by Ideal Dental, part of the 150+ location DECA Dental Group, the property boasts a strong, long-term net lease (NNN) with a remaining term of 5.5 years and a 5-year option. The tenant recently executed an early renewal with a rent increase, demonstrating their commitment to the location. The building, constructed in 2009, sits on a 43,560 square foot lot with excellent visibility on Hwy I-40, experiencing over 75,000 vehicles per day. The asking price is $1,637,964, representing a compelling $307 per square foot and a 7.25% cap rate, with a current NOI of $118,752. This investment is ideal for those seeking a passive income stream, particularly attractive for 1031 exchanges. The property benefits from the tenant's significant investment and the growing demand for healthcare real estate, offering resilience against economic fluctuations. Ideal Dental provides comprehensive dental services, operating six days a week, ensuring a strong and consistent revenue stream. Amarillo's position as a regional healthcare hub further enhances the property's long-term value. The property's location, tenant strength, and lease terms combine to create a secure and profitable investment opportunity.