Melissa Dental and Goldfish Pediatrics | 2302 Sam Rayburn Hwy
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Melissa Dental and Goldfish Pediatrics 2302 Sam Rayburn Hwy
6,938 SF 100% Leased Office Building Melissa, TX 75454 $2,700,961 ($389/SF) 6.25% Cap Rate
Investment Highlights
- RARE NEW 15-YEAR NNN LEASE EXTENSION PENDING | 11 YEAR WEIGHTED AVG LEASE TERM | MB2, is in the process of executing a new 15-year NNN lease
- IDEAL LOCATION | PROXIMITY TO NATIONAL TENANTS | MAJOR RETAILERS EXPANDING INTO MELISSA | NEW WALMART AND HEB STORES
- BOOMING DEVELOPMENT | CLOSE PROXIMITY TO NEW MULTI-FAMILY AND SINGLE-FAMILY RESIDENTIAL DEVELOPMENTS
- MB2 (700+ LOCATIONS) | DSO TENANCY | CORPORATE LEASE | 1,500+ DOCTORS | SUCCESSFUL OPERATING HISTORY
- TOP GROWING CITY IN NORTH TEXAS | EXPONENTIAL GROWTH | 64% INCREASE
- GOLDFISH PEDIATRICS AND URGENT CARE | NNN LEASE | 100% MEDICAL TENANCY | 6 YEARS REMAINING
Executive Summary
Patrick Graham
License No. 9005919 (TX)
License No. 9005919 (TX)
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
6,938 SF
Building Class
A
Year Built
2018
Price
$2,700,961
Price Per SF
$389
Cap Rate
6.25%
NOI
$168,810
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,938 SF
Building FAR
0.21
Lot Size
0.75 AC
Zoning
C-2
Parking
33 Spaces (4.76 Spaces per 1,000 SF Leased)
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Melissa Dental and Goldfish Pediatrics | 2302 Sam Rayburn Hwy
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