Skip to main content

Office Medical

Offices at Horizon Ridge

1201 Arista Dr, Rockwall, TX 75032

Listing Price: $2,305,000

Cap Rate
7.13%
Gross SF
8,104
Rentable SF
7,559
Price/Gross SF
$284.43
Occupancy
100.0%
Year Built
2006
Lot Size
0.60 acres

Investment Overview

Marcus & Millichap is pleased to offer 1201 Arista Drive in Rockwall, a one-story, three-suite medical office building located in Rockwall, Texas. Built 2006 and renovated in 2022, and affords the investor the opportunity to acquire a well-leased and stable asset, due to the high demand for outpatient clinics and supportive services. The property is approximately 7,559 square feet and located in the Offices of Horizon Ridge, minutes from the shoreline of Lake Ray Hubbard, and also just minutes from Baylor Scott & White Medical Center – Lake Pointe. This multi-tenant building is situated on 0.60 acres of land and features quick access to Highway 30.

Baylor Scott & White Medical Center is located less than a quarter of a mile from the subject property. The largest faith-based not-for-profit healthcare system in America, Baylor Scott & White includes 48 hospitals, more than 1,000 patient care sites, more than 5,500 active physicians, and over 44,000 employees.

The subject property has a convenient and accessible location just off Highway 30. The property sits about 35 miles from Dallas Love Field Airport, 42 miles from DFW International Airport, and 23 miles from downtown Dallas. The accessibility of the Offices at Horizon Ridge allows residents to work, play, live and shop all in one location.

Investment Highlights

  • 100% Occupied Medical Office
  • Three Tenants with a WALT of 3.8 Years with Staggard Leases
  • NNN Leases with Minimal Management Responsibility
  • Located in Office Park
  • Minutes Away from Texas Health Hospital Rockwall

Exclusively Listed By

Financing By

Office Medical

Offices at Horizon Ridge

Listing Price: $2,305,000

Cap Rate
7.13%
Gross SF
8,104
Rentable SF
7,559
Price/Gross SF
$284.43
Occupancy
100.0%
Year Built
2006
Lot Size
0.60 acres

Investment Highlights

  • 100% Occupied Medical Office
  • Three Tenants with a WALT of 3.8 Years with Staggard Leases
  • NNN Leases with Minimal Management Responsibility
  • Located in Office Park
  • Minutes Away from Texas Health Hospital Rockwall

Investment Overview

Marcus & Millichap is pleased to offer 1201 Arista Drive in Rockwall, a one-story, three-suite medical office building located in Rockwall, Texas. Built 2006 and renovated in 2022, and affords the investor the opportunity to acquire a well-leased and stable asset, due to the high demand for outpatient clinics and supportive services. The property is approximately 7,559 square feet and located in the Offices of Horizon Ridge, minutes from the shoreline of Lake Ray Hubbard, and also just minutes from Baylor Scott & White Medical Center – Lake Pointe. This multi-tenant building is situated on 0.60 acres of land and features quick access to Highway 30. Baylor Scott & White Medical Center is located less than a quarter of a mile from the subject property. The largest faith-based not-for-profit healthcare system in America, Baylor Scott & White includes 48 hospitals, more than 1,000 patient care sites, more than 5,500 active physicians, and over 44,000 employees. The subject property has a convenient and accessible location just off Highway 30. The property sits about 35 miles from Dallas Love Field Airport, 42 miles from DFW International Airport, and 23 miles from downtown Dallas. The accessibility of the Offices at Horizon Ridge allows residents to work, play, live and shop all in one location.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower