710 S Highway 377 - Medical FOR SALE


Roanoke, TX 76262
$2,884,000 USD
214-960-2835
710 S Highway 377, Roanoke, TX for Sale
$2,884,000 USD
Medical - FOR SALE
1/4
null | 6.4% Cap Rate

710 S Highway 377
Roanoke, TX 76262


HIGHLIGHTS

  • Corporate Single Tenant Net-Leased Action Behavior Centers in the Affluent Submarket of Roanoke, Texas (DFW)
  • New Lease Through July 2034; 2% Annual Escalations & Two, 5-Year Renewal Options with 3% Annual Escalations
  • Affluent Submarket with Average Household Income Exceeding $105,300; $186,100 within 1-Mile and 3-Mile Radii
  • Neighboring Historic Downtown Roanoke aka “The Unique Dining Capital of Texas”
  • Minutes from Texas Motor Speedway, a 1,500-Acre Superspeedway with Over 154,861 Seats that hosts Over 60 Events a Year

OVERVIEW

Action Behavior Centers is a single-tenant net leased asset located in the affluent Dallas/Fort Worth submarket of Roanoke, Texas. The Property is approximately 30 minutes northwest of Downtown Dallas and 20 minutes north of Downtown Fort Worth. Action Behavior Centers corporate recently executed a new lease through July 2034. The lease features 2% annual escalations in the primary term and two, 5-year renewal options with built in 3% annual escalations. Action Behavior Centers is ranked among the top 30 ABA programs in the United Staes and has over 250 locations (clinic, home and school programs) with over 3,000 autism professionals. The Property benefits from partial masonry construction, Highly Visible Monument Sign Fronting Highway 377, multiple ingress/egress points of access and strategically designed at 4,990 square feet providing strong residual value.

FOR SALE DETAILS

PRICE

$2,884,000 USD

PRICE/SF

$578 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Action Behavior Centers

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

R958333

ASK ABOUT THIS PROPERTY

Tim AxilrodSHOP CompaniesMore Info
214-960-2835

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Tim AxilrodSHOP CompaniesMore Info
214-960-2835

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