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SINGLE-TENANT NNN LEASE - MEDICAL 1501 Airport Rd

7,768 SF Office Building Rockwall, TX 75087 For Sale

Investment Highlights

  • Single-Tenant Triple Net 7 Year Medical Tenant Lease
  • New Construction - Medical Tenant - Action Behavior Centers
  • NOI $279,648
  • For a complete list of all available properties please visit www.ridgepcre.com

Executive Summary

Discover a unique investment opportunity with this exceptional single-tenant medical property located at 1501 Airport Rd, Rockwall, Texas. Built in 2024, this modern facility encompasses 7,768 square feet and is strategically leased to Action Behavior Centers Therapy, LLC, a well-established leader in behavioral health services with over 90 locations nationwide.
This property features a solid NNN lease structure, providing an attractive income stream with minimal management responsibilities. The lease includes one five-year renewal option at market rates, ensuring potential for continued value appreciation. With Action Behavior Centers generating over $150 million in revenue and a net income exceeding $24 million, this investment offers stability and growth potential in the thriving healthcare sector.
Situated in a dynamic area, this facility benefits from high visibility and accessibility, making it an ideal location for both clients and employees. Don’t miss out on the chance to own a top-tier medical asset with a reputable tenant. For more information, visit actionbehavior.com or contact us today to schedule a viewing.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,768 SF
Building Class
B
Year Built
2024
NOI
$279,648
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,768 SF
Building FAR
0.38
Lot Size
0.47 AC
Zoning
commercial
Parking
28 Spaces (3.6 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Action Behavior Centers Therapy, LLC
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Action Behavior Centers Therapy, LLC Health Care and Social Assistance 99,999 SF - Lorem Ipsum -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 82719
  • 95313
Land Assessment
$1,307,755
Improvements Assessment
$2,041,590
Total Assessment
$3,349,345
  • Listing ID: 30979966

  • Date on Market: 2/16/2024

  • Last Updated:

  • Address: 1501 Airport Rd, Rockwall, TX 75087

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