3450 Wagon Wheel Rd - Former Assisted Living Center | Garland, TX

74,562 SF Health Care Building Offered at $22,000,000 in Garland, TX 75044

INVESTMENT HIGHLIGHTS

  • Large Capacity: Sitting on 7.14 AC, the former assisted living center has 108 rooms, accommodating up to 166 beds.
  • High Population Count: The 3-mile population count is 124,347, with 324,123 residents within a 5-mile radius.
  • High Traffic Area: Surrounded by numerous national retailers, the property receives over 20,000 vehicles per day.
  • A Growing Business: Seniors 65 and older represent 13.9% of Texas' population, or 4.1 million residents.
  • Fully Equipped Facility: The space features 100 parking spaces including handicap parking, a full kitchen, and a fitness center.

PROPERTY FACTS

Price $22,000,000
Price Per Bed $132,530
Sale Type Owner User
Property Type Health Care
Property Subtype Assisted Living
Building Class A
Lot Size 7.14 AC
Building Size 74,562 SF
No. Beds 166
No. Stories 1
Year Built 2008
Parking Ratio 1.34/1,000 SF

ROOM MIX INFORMATION

DESCRIPTION NO. BEDS
Rooms 166

PROPERTY TAXES

ZONING

Zoning Code Z239 (Commercial Building)
  • Listing ID: 32324013

  • Date on Market: 2/9/2024

  • Last Updated:

  • Address: 3450 Wagon Wheel Rd, Garland, TX 75044