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Office Vacant-User

Garland Pediatric Dentistry

1501 Northwest Hwy, Garland, TX 75041

Listing Price: $980,000

Cap Rate
7.14%
Rentable SF
3,500
Lot Size
1.00 acres
Year Built
1982

Investment Overview

The subject property is a 3,500 square foot dental of?ce building situated in a dense retail/medical of?ce corridor directly across from a Walmart Supercenter. The building was recently renovated in late 2018 and is situated on a large one-acre lot. The subject property has direct frontage along Northwest Highway (28,797 average daily traf?c counts) with easy accessibility from both Saturn Road and Northwest Highway. National tenants located in the immediate area include Walmart, Aldi, 7-Eleven, Fresenius Kidney Care, Public Storage, AMF Bowling, Goodwill, On the Border, and KinderCare Learning Centers. There are ?ve elementary schools and one middle school located within a one-mile radius and over 18 schools located within a five-mile radius. The subject property offers turnkey dental of?ce space that can easily be converted into medical of?ce. It features seven exam rooms, a spacious waiting area, an easily-navigated nurse's station and reception area, and a lead-insulated X-ray room. The current owner replaced the roof in July of 2018 and completed other sizable renovations to the interior, including replacing the ?ooring and painting the walls. Additionally, they purchased over $100,000 in X-ray equipment and dental chairs that will be included in the sale. The subject property offers a new dental or medical practice the opportunity to walk into a building that requires little to no changes. It can also provide an investor with an investment property that presents well and should lease quickly. Due to its location and large lot size, the subject property could also be completely re-purposed for retail or dental/medical of?ce use for additional upside.

Investment Highlights

  • Tremendous Owner/User Opportunity
  • Turnkey Dental Office
  • New Roof and Interior Remodeling in 2018

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Office Vacant-User

Garland Pediatric Dentistry

Listing Price: $980,000

Cap Rate
7.14%
Rentable SF
3,500
Lot Size
1.00 acres
Year Built
1982

Investment Highlights

  • Tremendous Owner/User Opportunity
  • Turnkey Dental Office
  • New Roof and Interior Remodeling in 2018

Investment Overview

The subject property is a 3,500 square foot dental of?ce building situated in a dense retail/medical of?ce corridor directly across from a Walmart Supercenter. The building was recently renovated in late 2018 and is situated on a large one-acre lot. The subject property has direct frontage along Northwest Highway (28,797 average daily traf?c counts) with easy accessibility from both Saturn Road and Northwest Highway. National tenants located in the immediate area include Walmart, Aldi, 7-Eleven, Fresenius Kidney Care, Public Storage, AMF Bowling, Goodwill, On the Border, and KinderCare Learning Centers. There are ?ve elementary schools and one middle school located within a one-mile radius and over 18 schools located within a five-mile radius. The subject property offers turnkey dental of?ce space that can easily be converted into medical of?ce. It features seven exam rooms, a spacious waiting area, an easily-navigated nurse's station and reception area, and a lead-insulated X-ray room. The current owner replaced the roof in July of 2018 and completed other sizable renovations to the interior, including replacing the ?ooring and painting the walls. Additionally, they purchased over $100,000 in X-ray equipment and dental chairs that will be included in the sale. The subject property offers a new dental or medical practice the opportunity to walk into a building that requires little to no changes. It can also provide an investor with an investment property that presents well and should lease quickly. Due to its location and large lot size, the subject property could also be completely re-purposed for retail or dental/medical of?ce use for additional upside.

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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