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NNN Medical Office Investment 2 Office Properties in Multiple Locations
Investment Highlights
- Total of 21,779 sf between two buildings 100% secured by medical NNN leases
- Properties can be purchased as a portfolio or separately
- Great opportunity for a 1031 requirement
- Total approximate NOI of $510,000 per year
- Tenants: Texas Health Resources, Athletico Physical Therapy, Lake Pointe Spine and Pain Management, and North Star Diagnostic Imaging
- Financial information available upon request and signed confidentiality agreement
Executive Summary
Total of 21,779 sf between two buildings 100% secured by medical NNN leases. Total approximate NOI of $510,000 per year. Properties can be purchased as a portfolio or separately. Great opportunity for a 1031 requirement.
4801 - 4805 Wesley St in Greenville: 100% leased to 4 tenants on NNN leases: Texas Health Resources, Athletico Physical Therapy, Lake Pointe Spine and Pain Management, and North Star Diagnostic Imaging. Easy access to I-30 - only 30 minutes to Downtown Dallas. Less than one mile from Hunt Regional Medical Center.
1231 E Belt Line Rd in Richardson: 100% leased to Texas Health Resources on a 7 year NNN lease. Located six miles from Medical City Hospital and
Methodist Richardson Medical Center. Convenient access from US Highway 75 (Central Expressway), George Bush Tollway and Interstate 635.
*** Financial information available upon request and signed confidentiality agreement ***
4801 - 4805 Wesley St in Greenville: 100% leased to 4 tenants on NNN leases: Texas Health Resources, Athletico Physical Therapy, Lake Pointe Spine and Pain Management, and North Star Diagnostic Imaging. Easy access to I-30 - only 30 minutes to Downtown Dallas. Less than one mile from Hunt Regional Medical Center.
1231 E Belt Line Rd in Richardson: 100% leased to Texas Health Resources on a 7 year NNN lease. Located six miles from Medical City Hospital and
Methodist Richardson Medical Center. Convenient access from US Highway 75 (Central Expressway), George Bush Tollway and Interstate 635.
*** Financial information available upon request and signed confidentiality agreement ***
Property Facts
| Sale Type | Investment NNN | Individually For Sale | 2 |
| Status | Active | Total Building Size | 21,779 SF |
| Number of Properties | 2 | Total Land Area | 1.48 AC |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 21,779 SF |
| Total Land Area | 1.48 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 4801-4805 Wesley St, Greenville, TX 75401 | Office | 12,579 SF | 1985 | - |
| 1231 E Belt Line Rd, Richardson, TX 75081 | Office | 9,200 SF | 1984 | - |
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NNN Medical Office Investment
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