2006 W Campbell Rd
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2006 W Campbell Rd
9,883 SF 100% Leased Office Building Garland, TX 75044 $4,000,000 ($405/SF) 7.29% Cap Rate
Investment Highlights
- Secure Investment: Fully Occupied Investment Opportunity with 76% of Gross Leasable Area Dedicated to Medical Tenants.
- Newly Constructed Building (2018): The property was developed in 2018, offering modern amenities and infrastructure.
- Robust Local Demographics: Within a 2-mile radius, the median home value is $282,547 and the median household income is $118,987
- NNN Lease Structure: The triple-net lease structure ensures minimal landlord responsibilities.
- Attractive Tenant Line Up: Fidelity National Title, Pediatric Dentist & General Dentist
- Superior Accessibility: Easy access to major thoroughfares (President George Bush Freeway) and neighborhoods, with seamless connectivity
Executive Summary
2006 West Campbell Road (the “Property”) is a single-story medical/professional building situated on Campbell Road in Garland, Texas. Constructed in 2018, the Property encompasses approximately 9,883 square feet. It is currently fully leased, hosting a diverse mix of medical and professional tenants who cater to both local and regional markets.
This Property offers investors a prime opportunity to acquire a stable asset within an affluent submarket. 2006 West Campbell Road is poised for future success, benefiting from its strategic market position, long-term in-place leases, solid credit tenancy, and potential value appreciation through both rental rate and land value growth.
This Property offers investors a prime opportunity to acquire a stable asset within an affluent submarket. 2006 West Campbell Road is poised for future success, benefiting from its strategic market position, long-term in-place leases, solid credit tenancy, and potential value appreciation through both rental rate and land value growth.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
9,883 SF
Building Class
B
Year Built
2019
Price
$4,000,000
Price Per SF
$405
Cap Rate
7.29%
NOI
$291,510
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,883 SF
Building FAR
0.16
Land Acres
1.38 AC
Zoning
PD - Planned Development District
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Fidelity National Title
- -
-
99,999 SF
- -
-
Jan 0000
- JB Porsch DDS
- -
-
99,999 SF
- -
-
Jan 0000
- Previ Care, PLLC
- -
-
99,999 SF
- -
-
Jan 0000
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Fidelity National Title | - | 99,999 SF | - | Jan 0000 | ||
| JB Porsch DDS | - | 99,999 SF | - | Jan 0000 | ||
| Previ Care, PLLC | - | 99,999 SF | - | Jan 0000 |
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PROPERTY TAXES
| Parcel Number | 65124141510130100 | Improvements Assessment | $0 |
| Land Assessment | $2,242,560 | Total Assessment | $2,242,560 |
PROPERTY TAXES
Parcel Number
65124141510130100
Land Assessment
$2,242,560
Improvements Assessment
$0
Total Assessment
$2,242,560
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Wilson Stafford -
John David Cobb -
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2006 W Campbell Rd
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