5156 Village Creek Dr - Medical FOR SALE


Plano, TX 75093
$1,854,450 USD
817-800-5058
5156 Village Creek Dr, Plano, TX for Sale
$1,854,450 USD
Medical - FOR SALE
1/33
null | 7.25% Cap Rate

5156 Village Creek Dr
Plano, TX 75093


HIGHLIGHTS

  • Beautifully finished out Class “A”, fully leased medical/traditional office condominium in highly desirable Plano, Texas, an affluent Dallas suburb
  • One unit is leased to Guardian Recovery Network Holdings, LLC, a national provider of mental health and addiction services with 18 offices nationwide
  • Other unit is leased to Dr. Timothy Proctor, DDS, a very established family dental practice who is an original tenant to the building
  • Both leases feature annual Base Rent increases
  • Property located near Plano Pkwy, Dallas North Tollway and President George Bush Turnpike

OVERVIEW

Transwestern National Net Lease | Sale Leaseback Group is pleased to present a 100% leased, two-tenant medical/traditional office condominium in the Office Town at Village Creek condominium project in Plano, Texas. Plano is an affluent suburb located 20 miles north of downtown Dallas. Part of a six-building condominium project, the Property consists of a free-standing medical and traditional office building of approximately 5,072 square feet built in 1998. The project is 50% leased to Dr. Timothy Proctor, DDS, a general dentistry practice and 50% leased to Guardian Recovery Network Holdings, LLC. Guardian Recovery is a mental health, drug and alcohol rehabilitation center headquartered in Delray Beach, Florida. Guardian Recovery has 18 locations throughout the U.S. including New Jersey (7), Florida (4), Maine (3), Texas (2), New Hampshire (1) and Colorado (1). Dr. Proctor has been a tenant in the building since May 2022 and Guardian since October 2024.

FOR SALE DETAILS

PRICE

$1,854,450 USD

PRICE/SF

$366 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Office Town at Village Creek

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

O-M

APN/PARCEL ID

R-11092-000-5156-1

ASK ABOUT THIS PROPERTY

Bill BehrTranswestern Real Estate ServicesMore Info
817-800-5058

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Bill BehrTranswestern Real Estate ServicesMore Info
817-800-5058

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