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Property profile & analytics
OFF-MARKET Estimated value $520,000
Showrooms

9127 King Arthur Dr Dallas, TX 75247-3607

7,640 SF 0.62 ac lot Built 1985
Entity Owned 2-yr Hold Free & Clear
Property ID
US82-0786428
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple interest in a 7,640-square-foot, single-tenant medical office building in Dallas, Texas. The property is fully occupied by Sunshine Pediatric Day Center, a leading provider of Prescribed Pediatric Extended Care Centers (PPECC) services in Texas, under a brand-new 15-year absolute NNN lease commencing September 18, 2024, and expiring September 17, 2039. The lease includes two 5-year renewal options with a 3% annual rent increase in the base rent and options. The building, constructed in 1985 and extensively renovated in 2020, sits on a 0.57-acre lot at 9127 King Arthur Dr, Dallas, TX 75247. The property boasts a strong financial profile, with a Net Operating Income (NOI) of $320,870 and a 7.00% cap rate. The asking price is $4,585,000. The strategic location between John W Carpenter Fwy and US 35E ensures high visibility and accessibility, with daily traffic counts exceeding 16,000 vehicles. The surrounding area has a population of 254,641 residents within a 5-mile radius, boasting an average household income of $77,890. This investment benefits from the growing demand for PPECC services, favorable reimbursements from Texas Medicaid, and reduced competition due to licensing requirements. The tenant's expansion plans further solidify the long-term value of this property. This is a rare opportunity to acquire a high-quality, single-tenant medical office building with a secure, long-term lease and significant upside potential.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1985
Construction FRAME
Total area 7,640 SF
Lot 0.62 ac (27,185 SF)
Zoning code Z116
APN 007941000212A0000
UPID US82-0786428
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
  • Sunshine Pediatric Day Center Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
$681k
Blend (final) Blend
$520k
Owner & transaction history
M3 Real Estate Holdings Desoto LLC · 2 yrs held
M3 Real Estate Holdings Desoto LLC
since 2023
7 recorded transactions
2023
Price N/A
2020
Price N/A
2020
Price N/A
2018
Price N/A
2001
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Z116 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $800,000 +53.2%
Neighborhood: shopping center $540,000 +3.5%
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