6330 Broadway Blvd Ste A2 Garland, TX 75043-5956
This exceptional investment opportunity presents two medical office condos totaling 3,252 square feet, situated on a 0.65-acre lot at 6330 Broadway Blvd, Garland, TX 75043. The property boasts a 7.47% cap rate and a strong net operating income (NOI) of $57,929, reflecting a stabilized cash flow investment. Currently 100% occupied by two tenants, one a medical spa and the other ELITE Health and Wellness, both recently extended their leases (one for 3 years, the other for 5 years), ensuring long-term income stability. The modified lease structure includes tenant responsibility for utilities (Suite B only) and common area fees (Suite B only). The condominium association manages common area costs and property insurance, minimizing landlord responsibilities. Built in 1982, this single-story building benefits from excellent visibility and ample parking, situated on Broadway Blvd (27,000 vehicles per day) with convenient access to I-30 (148,000 vehicles per day). The property is zoned CR and offers significant potential for continued growth within the expanding Eastern Dallas suburbs. The asking price is $775,000, translating to $238.31 per square foot. This is a rare opportunity to acquire a low-maintenance, high-return medical investment property in a prime Garland location.
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Bradford Chapman: Allstate Insurance Insurance Agency
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Brian De Yoe, DPM, FACFAS Physician
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C Knighten Agency: Allstate Insurance Insurance Agency
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Vishnu Upadhyay Physician
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Lilly Wellness Clinic Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Z85 · Garland, TXGarland. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.