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Property profile & analytics
FOR LEASE
Medical Office Space

7999 W Virginia Dr Dallas, TX 75237

14,968 SF 1.39 ac lot Built 2008
Individually Owned 18-yr Hold Absentee Owner Free & Clear
Property ID
US82-3301455
Property summary
AI-generated overview

This exceptional 8,668 square foot medical office building in Dallas, Texas, presents a unique leasing opportunity. Located at 7999 W Virginia Dr, in Dallas County, zip code 75237, the property offers a total of three suites, currently fully vacant and available for lease. The building is categorized as a multi-tenant office space, specifically designed for medical practices. Flexible space options are available, with a minimum leasable area of 2,110 square feet and a maximum contiguous space of 4,518 square feet. This allows for adaptability to various medical practices' needs, whether a single large tenant or multiple smaller ones. The property's prime location in Dallas offers excellent visibility and accessibility for patients and staff. The building's total square footage is 8,668 square feet, providing ample space for a variety of medical services. Interested parties are encouraged to inquire about lease terms and conditions. This is an excellent opportunity to establish or expand a medical practice in a thriving Dallas location. The property is conveniently situated at 32.6496088 latitude and -96.8765986 longitude. All 8,668 square feet are currently available.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2008
Construction FRAME
Total area 14,968 SF
Lot 1.39 ac (60,505 SF)
Zoning code Z151
APN 754700030050000
UPID US82-3301455
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Latha Velusamy, MD Physician Medical Clinic
  • John Westkaemper, M.D. Physician
  • Ajay Kallam, MD Physician Medical Clinic
  • Srividya Venkataraman, MD Physician Medical Clinic
  • De Shawndranique Gray, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$590k
CAP Approach CAP
by Request
Comparable Approach Comparable
$696k
Blend (final) Blend
$645k
Owner & transaction history
Raj · 18 yrs held
Raj
since 2007
1 recorded transaction
2007
Price N/A
Zoning & alternative use
Z151 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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