6800 Heritage Pky - Medical FOR SALE


Rockwall, TX 75087
$2,750,000 USD
817-473-7700
6800 Heritage Pky, Rockwall, TX for Sale
$2,750,000 USD
Medical - FOR SALE
1/37
null | 8.86% Cap Rate

6800 Heritage Pky
Rockwall, TX 75087


OVERVIEW

8.7% CAP RATE!!! BRING OFFERS! 100% LEASED AT CLOSING WITH A ONE YEAR MASTER LEASE FOR THE VACANT 1700 SQFT. BRAND NEW ROOF INSTALLED DECEMBER 2023. RE/MAX Associates is pleased to present The Landing, a two story 10 unit office building located at 6800 Heritage Pkwy. The Landing is a multi-tenant building featuring office and medical tenants, situated on approximately 1.25 acres. Built in 1985, the Property features wood framed construction, NEW ROOF, newer paint, and an ample parking ratio of 4.45 per 1,000 SF. The building is currently occupied by 8 tenants, providing an excellent opportunity to add value through leasing the additional 2 units. The Property is ideally-located just east of Baylor Scott & White Hospital, with quick access to Interstate 30 and numerous nearby amenities.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$214 USD /SF

CAP RATE

8.86%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Landing

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

F1

APN/PARCEL ID

28043

ASK ABOUT THIS PROPERTY

Renee HudsonRE/MAX Associates of MansfieldMore Info
817-473-7700

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Renee HudsonRE/MAX Associates of MansfieldMore Info
817-473-7700

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