5203 Lk Rdg Pkwy Grand Prairie, TX 75052-3010

This exceptional 14,004 square foot medical office building in Grand Prairie, Texas, presents a compelling investment opportunity. Situated at 5203 Lake Ridge Pkwy, 75052, this single-tenant property boasts a 100% occupancy rate, leased to HCA Healthcare, a publicly traded healthcare giant (HCA) under a NNN lease with minimal landlord responsibilities. The lease commenced October 1, 2013, and has a remaining term of approximately 3.9 years, expiring October 31, 2028, with one five-year option. Rent increases are tied to the CPI. Built in 2013, the building is in excellent condition, featuring a recently updated HVAC system and roof sealcoating (2023). Its prime location offers high visibility, situated near major roadways with combined traffic counts exceeding 35,000 vehicles. The property benefits from its proximity to significant healthcare facilities, including HCA's Medical City Arlington hospital (approximately 7 miles), and enjoys a strong surrounding demographic with nearby Tarrant County College and major retail centers like Lake Prairie Towne Crossing (Home Depot, Target). The property's strong tenant, favorable lease terms, and strategic location within the Dallas-Fort Worth MSA (the 4th largest in the country) contribute to an attractive 8.13% cap rate. This is a rare opportunity to acquire a high-quality, stable-performing asset in a thriving market.