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Single-Tenant Office Medical

SurePoint ER

4747 Little Rd, Arlington, TX 76017

Listing Price: $7,285,000

Cap Rate
6.75%
Tenant Name
Surepoint ER
Years Remaining On Lease
11.2
Guarantor
Subsidiary of a Corporation
Rentable SF
7,000
Lease Type
Absolute Net
Rent Per Square Feet
$70.25

Investment Overview

Marcus & Millichap is pleased to present this 7,000 square foot facility for Surepoint ER. Located in Arlington, Texas this attractive freestanding medical office building situated on 0.82 +/- acres was carefully site selected by Surepoint ER. The tenant currently has eleven years and four months remaining on the Absolute NNN lease featuring zero Landlord responsibilities. During the term of the lease there will be two percent annual rental increases. In addition, the tenant has five 5-year options to renew.

This Surepoint ER facility benefits from being located in the Dallas-Fort Worth-Arlington metroplex area. There are approximately 82,500 people within a three mile radius, 206,200 people within a five mile radius and 903,000 people within a ten mile radius representing a 8.75 percent, 8.6 percent, and 11 percent population growth from 2010-2020 respectively. The emergency center operates 7 days per week 24 hours per day demonstrating the locations demand. Surepoint's extensive range of emergency services combined with the medical facilities equipped to handle a variety of emergency medical care needs makes the tenant the go-to Emergency Room for efficient and exceptional care.

Investment Highlights

  • 2015 Build-to-Suit Single Tenant Medical Office
  • 11 Years & 1 Months Remaining on Lease with Five 5-Year Options
  • Two Percent Annual Rental Increases Including Options
  • Absolute Net (NNN) Lease - Zero Landlord Responsibilities
  • Operating 7 Days Per Week, 24 Hours Per Day
  • 10.84 Percent Population Growth from 2010-2020 (10 Mile Radius)
  • Dallas-Fort Worth-Arlington MSA - 8.34M Population (2024)
  • 32,100+ Households within a 3-mile radius of subject property

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Single-Tenant Office Medical

SurePoint ER

Listing Price: $7,285,000

Cap Rate
6.75%
Tenant Name
Surepoint ER
Years Remaining On Lease
11.2
Guarantor
Subsidiary of a Corporation
Rentable SF
7,000
Lease Type
Absolute Net
Rent Per Square Feet
$70.25

Investment Highlights

  • 2015 Build-to-Suit Single Tenant Medical Office
  • 11 Years & 1 Months Remaining on Lease with Five 5-Year Options
  • Two Percent Annual Rental Increases Including Options
  • Absolute Net (NNN) Lease - Zero Landlord Responsibilities
  • Operating 7 Days Per Week, 24 Hours Per Day
  • 10.84 Percent Population Growth from 2010-2020 (10 Mile Radius)
  • Dallas-Fort Worth-Arlington MSA - 8.34M Population (2024)
  • 32,100+ Households within a 3-mile radius of subject property

Investment Overview

Marcus & Millichap is pleased to present this 7,000 square foot facility for Surepoint ER. Located in Arlington, Texas this attractive freestanding medical office building situated on 0.82 +/- acres was carefully site selected by Surepoint ER. The tenant currently has eleven years and four months remaining on the Absolute NNN lease featuring zero Landlord responsibilities. During the term of the lease there will be two percent annual rental increases. In addition, the tenant has five 5-year options to renew. This Surepoint ER facility benefits from being located in the Dallas-Fort Worth-Arlington metroplex area. There are approximately 82,500 people within a three mile radius, 206,200 people within a five mile radius and 903,000 people within a ten mile radius representing a 8.75 percent, 8.6 percent, and 11 percent population growth from 2010-2020 respectively. The emergency center operates 7 days per week 24 hours per day demonstrating the locations demand. Surepoint's extensive range of emergency services combined with the medical facilities equipped to handle a variety of emergency medical care needs makes the tenant the go-to Emergency Room for efficient and exceptional care.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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