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Methodist Diagnostic Imaging 1750 N Hampton Rd 14,309 SF Office Building DeSoto, TX 75115 $8,138,214 CAD ($568.75 CAD/SF) 6.75% Cap Rate



INVESTMENT HIGHLIGHTS
- New 5-Year Lease Extension & Tenant Expansion in 2022: Showing tenant's commitment to the site
- Established Tenant with 40+ Year Operating History & 3,000+ Team Members Nationwide: Methodist Diagnostic Imaging of Texas dba RAYUS Radiology; Owned
- Located in Desirable Dallas Suburb within Minutes of I-35, I-20 & Hwy 67: Population of 218,817 within 5 miles
- 3% Annual Rent Increases: Providing strong rent growth and a hedge against inflation
- Strategically Positioned Halfway Between Methodist Charlton Medical Center & Crescent Regional Hospital: Built-In Customer Referral Base
EXECUTIVE SUMMARY
Infill, single-tenant medical building backed by a corporate lease to Methodist Diagnostic Imaging of Texas (dba RAYUS Radiology) with 3% annual rent increases. The tenant has demonstrated a strong commitment to the site with a new five-year lease extension and significant investment in the space. RAYUS Radiology had 3,000 team members nationwide, 800 radiologists, and acquires, manages, and distributes more than 75 million images annually. The diagnostic imaging services marketing is projected to reach $987.3 billion in 2034, up from $600.4 billion in 2024.
The site is strategically positioned halfway between Methodist Charlton Medical Center and Crescent Regional Hospital, totaling approximately 400 beds. RAYUS Radiology also benefits from a built-in referral base from a large network of hospital partners, including Methodist Health System.
DeSoto (population 56,711) is located in the Southwest region of Dallas County, Texas. A suburb of Dallas, it is 12 miles south of downtown Dallas, at the corner of I-35 and Pleasant Run Road. As one of the oldest communities in north Texas, it is diverse, progressive, and a community that’s business-friendly, as well as family-focused. It offers the commercial benefits of a developed industrial park, low-cost land prices, convenient interstate access and a plentiful labor supply, all located within a dynamic, award-winning community. DeSoto is a prime location, serving as a gateway to job opportunities in Dallas, Fort Worth, and the Mid-Cities.
This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.
The site is strategically positioned halfway between Methodist Charlton Medical Center and Crescent Regional Hospital, totaling approximately 400 beds. RAYUS Radiology also benefits from a built-in referral base from a large network of hospital partners, including Methodist Health System.
DeSoto (population 56,711) is located in the Southwest region of Dallas County, Texas. A suburb of Dallas, it is 12 miles south of downtown Dallas, at the corner of I-35 and Pleasant Run Road. As one of the oldest communities in north Texas, it is diverse, progressive, and a community that’s business-friendly, as well as family-focused. It offers the commercial benefits of a developed industrial park, low-cost land prices, convenient interstate access and a plentiful labor supply, all located within a dynamic, award-winning community. DeSoto is a prime location, serving as a gateway to job opportunities in Dallas, Fort Worth, and the Mid-Cities.
This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
14,309 SF
Building Class
B
Year Built/Renovated
2005/2015
Price
$8,138,214 CAD
Price Per SF
$568.75 CAD
Cap Rate
6.75%
NOI
$549,292 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
14,309 SF
Building FAR
0.18
Lot Size
1.79 AC
Zoning
Z97
Parking
85 Spaces (5.94 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 20031450008A30000 | Improvements Assessment | $3,612,795 CAD |
| Land Assessment | $435,374 CAD | Total Assessment | $4,048,168 CAD |
PROPERTY TAXES
Parcel Number
20031450008A30000
Land Assessment
$435,374 CAD
Improvements Assessment
$3,612,795 CAD
Total Assessment
$4,048,168 CAD
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Methodist Diagnostic Imaging | 1750 N Hampton Rd
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