1210 N Kimball Ave 5,976 SF Office Building Southlake, TX 76092 For Sale 6% Cap Rate

1210 N. Kimball Avenue presents an attractive single-tenant medical investment opportunity in Southlake, one of the DFW area’s most desirable and affluent submarkets. The ±5,997 SF medical facility was constructed in 2022, offering modern construction and limited near-term capital expenditure requirements.
The property features a passive single-tenant NNN lease structure, providing an investor with minimal landlord responsibilities and a streamlined ownership profile well suited for a long-term hold or 1031 exchange. Approximately five years remain on the primary lease term, with additional renewal options providing future occupancy potential.
The tenancy is an institutional-quality, hospital-affiliated orthopedic surgery group, providing a strong medical covenant and established use within the property. Built-in 3% annual rent increases provide contractual income growth and the potential to enhance long-term value.
Strategically located in Southlake with convenient access to State Highway 114 and surrounding professional and medical corridors, the property benefits from strong demographics, connectivity, and proximity to one of the region’s most established business and healthcare markets.