4952 Windsor Hl Windcrest, TX 78239-2447

This exceptional two-story, 10,685-square-foot office building in Windcrest, Texas, presents a compelling investment opportunity. Located at 4952 Windsor Hill, this Class B property boasts a prime location with easy access to I-35 and Loop 410, offering convenient access to major thoroughfares and a wealth of amenities. The building, constructed in 1984, sits on a 0.788-acre lot and features 60 parking spaces. Currently operating under a multi-tenant NNN lease with a remaining term of 2.8 years (commencing August 1, 2024, and expiring August 31, 2027), the property offers a flexible layout suitable for various office uses, including medical and traditional office spaces. The building's zoning (B-2) permits both office and some retail uses. With eight individual units, each unit is priced at $312,500, and the asking price for the entire property is $2,500,000. The current occupancy is 20%, with a pro-forma NOI of $192,000 and a pro-forma cap rate of 7.68%. Rent bumps are set at 5%. Previous use as a dental office means plumbing is already in place, making it ideal for medical or dental practices. The building is situated near numerous businesses, including In-N-Out Burger, Whataburger, Starbucks, Home Depot, Rackspace, Olive Garden, and Conn's. This property offers significant upside potential for investors seeking a strong return in a desirable location.