The Landing 6800 Heritage Pky

12,855 SF 90% Leased Office Building Rockwall, TX 75087 $2,750,000 ($214/SF) 8.86% Cap Rate

EXECUTIVE SUMMARY

8.7% CAP RATE!!! BRING OFFERS! 100% LEASED AT CLOSING WITH A ONE YEAR MASTER LEASE FOR THE VACANT 1700 SQFT. BRAND NEW ROOF INSTALLED DECEMBER 2023. RE/MAX Associates is pleased to present The Landing, a two story 10 unit office building located at 6800 Heritage Pkwy. The Landing is a multi-tenant building featuring office and medical tenants, situated on approximately 1.25 acres. Built in 1985, the Property features wood framed construction, NEW ROOF, newer paint, and an ample parking ratio of 4.45 per 1,000 SF. The building is currently occupied by 8 tenants, providing an excellent opportunity to add value through leasing the additional 2 units. The Property is ideally-located just east of Baylor Scott & White Hospital, with quick access to Interstate 30 and numerous nearby amenities.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
12,855 SF
Building Class
B
Year Built
1986
Price
$2,750,000
Price Per SF
$214
Cap Rate
8.86%
NOI
$243,593
Percent Leased
90%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,428 SF
Building FAR
0.24
Lot Size
1.25 AC
Zoning
F1 - Real Commercial
Parking
60 Spaces (4.67 Spaces per 1,000 SF Leased)

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 100
  • 1,306 SF
  • Medical
  • Spec Suite
  • Now

Previous Medical Office

  • 1st Fl-Ste 101
  • 350 SF
  • Office/Medical
  • -
  • Mar 2025

350 sqft available in Heritage on the Lake! 2 office interior suite, can be used for many users. First floor unit, building bathrooms located on both floors, accessible approach into the building, and large hallways. $20 base plus NNN, NNN includes utilities!

Space Size Space Use Condition Available
1st Fl-Ste 100 1,306 SF Medical Spec Suite Now
1st Fl-Ste 101 350 SF Office/Medical - Mar 2025

1st Fl-Ste 100

Size
1,306 SF
Space Use
Medical
Condition
Spec Suite
Available
Now

1st Fl-Ste 101

Size
350 SF
Space Use
Office/Medical
Condition
-
Available
Mar 2025

PROPERTY TAXES

  • Listing ID: 30337643

  • Date on Market: 12/11/2023

  • Last Updated:

  • Address: 6800 Heritage Pky, Rockwall, TX 75087