5716 Edwards Rnch Rd, Unit 102 Fort Worth, TX 76109

Property Details for 5716 Edwards Rnch Rd

Year built

2013

Lot size

0.42 lot acres

Property size

3,063 SF

Property type

Medical offices

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.