Investment Overview

Marcus & Millichap is pleased to present 802 N Bonnie Brae Street, a ±6,790-square-foot, multi-tenant medical office building ideally positioned in the heart of Denton’s medical corridor. The property is currently occupied by Sridhar K. Iyer MD, a pulmonology practice; Crouse Care Clinic, a nurse-practitioner-operated medical office; and one vacant suite that presents an immediate lease-up or owner-user opportunity. The building features a functional medical layout with exam rooms, nurse stations, private offices, and dedicated reception areas, providing turnkey usability for healthcare providers. The existing tenant mix creates strong medical synergy while supporting daily referral potential between practices. For an owner-user, the vacancy offers the ability to occupy a portion of the property alongside established long-term tenants or take full control of the building as leases expire. For an investor, the inplace cash flow combined with near-term upside through lease-up of the vacant suite makes this a rare, flexible asset in a high-barrier submarket. Strategically located near University Drive (US-380) and Interstate 35E, the property offers excellent regional connectivity and high visibility, and sits just steps from Texas Health Presbyterian Hospital Denton, providing proximity to one of the area’s largest medical campuses along with nearby pharmacies and diagnostic centers serving the Denton County healthcare community. With its strong medical tenancy, functional design, and accessible location, 802 N Bonnie Brae Street represents an attractive opportunity for both investors and owner-users