4108 W 15th St - Medical CONDO FOR SALE


Plano, TX 75093
$2,790,000 USD
214-208-6112
4108 W 15th St, Plano, TX for Sale
$2,790,000 USD
Medical CONDO - FOR SALE
1/7
null | 6.1% Cap Rate

4108 W 15th St
Plano, TX 75093


HIGHLIGHTS

  • Prime Medical Office Investment Opportunity in Dallas Fort Worth, Texas. Strategically located across from Medical City of Plano.
  • 100% leased to national tenant U.S. Renal Care. Tenant signed a 10-year lease in 2013 and made significant investment in improvements and equipment.
  • The tenant extended the lease for 5 years in 2023 showing a strong commitment to this location.
  • Two 5-year renewal options remain with rent increases after the current term.
  • Strategically located near Medical City Plano Hospital and major highways.
  • NNN lease with minimal landlord responsibilities.

OVERVIEW

Prime Medical Office Investment Opportunity in the affluent suburb of Plano in the Dallas For Worth, Texas market. Strategically located across from Medical City of Plano, one of the largest hospitals serving the North Dallas area. 100% leased to U.S. Renal Care. Long term established tenant! U.S. Renal Care signed a 10-year lease in 2013, and invested over $600,000 in improvements and equipment at this location. The tenant extended the lease for 5 years showing a strong commitment to this location. NNN lease with minimal landlord responsibilities. 4 years remaining for the current extended term. Two 5-year renewal options remain with rent increases.

FOR SALE DETAILS

PRICE

$2,790,000 USD

PRICE/SF

$371 USD /SF

CAP RATE

6.1%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

15th Street Medical

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

7,525 SF

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

77

LAND DETAILS

LAND ACRES

3.26 AC

LAND SF

142,180 SF

ZONING

LI-I/R

APN/PARCEL ID

R-8030-003-1000-1

ASK ABOUT THIS PROPERTY

Joseph JamesCentral Commercial GroupMore Info
214-208-6112

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Joseph JamesCentral Commercial GroupMore Info
214-208-6112

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.