1011 W Grove St
Kaufman, TX 75142
1011 West Grove Street, Kaufman, TX · Bureau Propriété À vendre

INVESTMENT OPPORTUNITY: 1031 EXCHANGE ELIGIBLE! Fully Leased Medical Office Building in Kaufman, TX. 7.00% Cap Rate | Occupancy: 100% | Location: DFW Metroplex (East) A rare opportunity to acquire a stabilized, high-yield medical asset located in the #2 fastest-growing county in the United States. This property features a diversified medical tenant mix with long-term "sticky" leases, providing immediate cash flow and a hedge against market volatility. As the Dallas-Fort Worth metroplex continues its aggressive eastward expansion, this asset is positioned for significant long-term capital appreciation. Investment Highlights: * Superior Yield: At a 7% Cap Rate, this asset outperforms typical DFW medical office trades, which currently average 5.5%–6.25%. * 100% Occupied: Zero near-term vacancy risk with a curated mix of healthcare providers essential to the local community. * Explosive Market Growth: Kaufman County has seen a 36% population increase since 2020. It is currently maintaining a growth rate nearly 10x the national average. * Strategic Location: "Path of Progress": Located in the heart of the Kaufman medical corridor, benefiting from massive regional infrastructure improvements, including the $129M US-175 interchange expansion. Kaufman is no longer a "rural" outpost; it is a primary suburban hub. With the population of Kaufman County projected to surpass 220,000 this year, the demand for outpatient services is outstripping supply. * Recession-Proof Asset Class: Medical tenants have a historical retention rate of over 85% and are largely immune to e-commerce and remote-work trends. * New Infrastructure: Proximity to major logistics and cold-storage developments (like the 121,000 SF project on SH-34) is driving high-income medical professional relocation to the area. * Limited Supply: New medical construction costs in Texas have risen to $350–$800/SF, making existing stabilized assets like this one a high-value "basis" play for investors.
First Floor: Two patient lobbies, patient restrooms, front office area, central lab area with employee restroom, 4 triage rooms, 12 exam rooms, provider computer area, 2 drug sample closets, and 2 patient restrooms
Second Floor: Accessed by elevator, allergy/Asthma clinic with 3 exam rooms, provider workroom, 2 lobbies, vaccine storage room, X-ray room, billing area for 4 employees, provider office, administration office, break room, storage room, and employee restroom