5716 Edwards Rnch Rd, Unit 102, Fort Worth, TX 76109
- Medical Office Space
- 3,063 SF
- 0.42 lot acres
Current Use by Public Records
- Medical Office Space
Property Details for 5716 Edwards Rnch Rd
- Year built
- 2013
- Lot size
- 0.42 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical space
- APN
- 11068-2-1R1
- APU
- 1106821R1
Description
Exceptional investment opportunity in Fort Worth, Texas. This 3,063 square foot Class A medical office building is 100% occupied by Smile Doctors, a large and reputable dental support organization (DSO) with over 450 locations nationwide. The property boasts a strong 7.5% cap rate and a long-term net lease with a corporate guarantee, extending to August 31, 2033, with built-in rent increases of 3% starting in year six and two 5-year lease options. Situated on a 0.42-acre lot in a high-traffic area with over 30,000 vehicles per day, the building benefits from high visibility and proximity to affluent residential communities and premier shopping destinations. Built in 2013, the property features a synergistic location within a medical office corridor, ensuring continued tenant success and minimal landlord responsibilities. The robust demographics of the Dallas-Fort Worth metroplex, the fourth largest in the U.S., and the projected growth of the dental services market further enhance the investment potential. The asking price is $1,760,000 ($574.60/sq ft), with a current NOI of $132,000. This is a rare opportunity to acquire a stable, high-performing asset in a thriving market.
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Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.4091
- Latitude
- 32.7089
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
