Buckner Medical Plaza | 8+yrs Remain NNN 4801 S Buckner Blvd
28,443 SF 100% Leased Office Building Dallas, TX 75227 $7,700,000 ($270.72/SF) 7.86% Cap Rate
INVESTMENT HIGHLIGHTS
- NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
- Proximity to Major Retail Area, Neighborhoods, and Schools
- Near Signalized, Hard Corner Intersection | Excellent Visibility & Access
- Strong Demographics In 5-Mile Trade Area
EXECUTIVE SUMMARY
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NNN leased, Medical Center investment property located in Dallas, Texas. The tenant, TED Ventures, LLC, masters leases the entire building and has over 8 years of lease term remaining, demonstrating their commitment to the site. The lease features 2% annual rental increases throughout the entire term, steadily growing NOI and hedging against inflation. The lease is NNN with minimal landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
28,443 SF
Building Class
B
Year Built
2003
Price
$7,700,000
Price Per SF
$270.72
Cap Rate
7.86%
NOI
$604,940
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
28,443 SF
Building FAR
0.22
Lot Size
3.00 AC
Opportunity Zone
Yes
Zoning
MC-1
Parking
144 Spaces (5.06 Spaces per 1,000 SF Leased)
AMENITIES
- Atrium
- Central Heating
- Natural Light
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Buckner Medical Plaza
- Health Care and Social Assistance
-
99,999 SF
- -
-
Lorem Ipsum
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Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Buckner Medical Plaza | Health Care and Social Assistance | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
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PROPERTY TAXES
| Parcel Number | 006127000X01A0000 | Improvements Assessment | $5,611,320 |
| Land Assessment | $392,040 | Total Assessment | $6,003,360 |
