6340 Bch St Haltom City, TX 76137-2622

Property Details for 6340 Bch St

Lot size

0.51 lot acres

Property type

Commercial land

APN

16100-1-12R2

APU

16100112R2

Description

This exceptional investment opportunity presents a 5,846-square-foot medical office building located at 6340 N Beach St, Haltom City, TX 76137, within the Fort Worth-Dallas MSA. The property boasts a strong 6.25% cap rate and a substantial net operating income (NOI) of $486,750. Currently 100% occupied by a single tenant under a brand-new 20-year absolute NNN lease with four 5-year renewal options, ensuring long-term stability and predictable cash flow. The lease includes annual 2% rental increases, providing inflation protection and growing NOI. The tenant is backed by Elysian Capital, a private equity firm managing $700 million in assets. This rapidly expanding urgent care and imaging center has 15 facilities open and 21 under construction across Texas and Arizona. Situated on a 0.6-acre lot with 30 parking spaces, the property features excellent visibility and accessibility at a hard corner intersection, benefiting from proximity to Haltom High School, Fossil Ridge High School, and I-820. The property is zoned C-2 Commercial and was built in 1997. The asking price is $7,788,000, translating to $1,332.19 per square foot. This fee-simple ownership (land and building) presents a compelling investment opportunity with significant long-term growth potential. The property's APN is 16100-1-7.