9127-9131 King Arthur Dr - Flex FOR SALE


Dallas, TX 75247- Outer West Dallas
$4,585,000 USD
918-269-6093
9127-9131 King Arthur Dr, Dallas, TX for Sale
$4,585,000 USD
Flex - FOR SALE
1/9
null | 7% Cap Rate

9127-9131 King Arthur Dr
Dallas, TX 75247
Outer West Dallas


HIGHLIGHTS

  • ABSOLUTE NNN LEASE STRUCTURE
  • REDUCED COMPETITION + COST EFFECTIVE CARE
  • GROWING INDUSTRY DEMAND
  • PROXIMITY TO DALLAS' PREMIER MEDICAL DISTRICT
  • PURPOSE-BUILT MEDICAL FACILITIES
  • PARTNER WITH PREEMINENT OPERATOR

OVERVIEW

Northmarq is pleased to exclusively offer the opportunity to acquire the fee simple interest in a single-tenant, 7,640 square foot pediatric care facility. The facility is 100% occupied by Sunshine Pediatric Day Center, the leading provider of Prescribed Pediatric Extended Care Centers (PPECC) services in Texas with four existing facilities, four under construction, and another ten facilities in the pipeline for development. Sunshine maintains additional plans for upwards of 20+ locations over time. The tenant is subject to a brand-new, fifteen (15) year, absolute NNN lease structure. This provides potential investors with zero landlord responsibilities. The lease also calls for annual 3% rental escalations with 2, 5yr renewal option periods. The property is advantageously located directly between John W Carpenter Fwy and US 35E, providing excellent visibility for passing vehicles and easy access for all patients. The traffic counts directly off the property are over 16,000 vehicles per day. Within a 5-mile radius of the property, there is a population of 254,641 residents with an average household income of $77,890.

FOR SALE DETAILS

PRICE

$4,585,000 USD

PRICE/SF

$600 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunshine Pediatric Day Center

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57

LAND SF

24,829

ZONING

F10

APN/PARCEL ID

007941000212A0000

ASK ABOUT THIS PROPERTY

Jeff MatulisNorthmarqMore Info
918-269-6093

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Jeff MatulisNorthmarqMore Info
918-269-6093

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